TSX:PWT - Post Discussion
Post by
makedonka on Apr 17, 2017 10:20am
Saudi Oil Minister: "Whatever It Takes"
"
Mario Draghi had his moment when he said he would do whatever it takes to save the Euro. Today Saudi Arabia’s energy minister Khalid al-Falih said that OPEC and non-OPEC will do whatever is necessary to balance the oil market. The words so far have had less impact on the market than Drahi’s declaration did because of concerns over rising U.S. oil output and a failed North Korean missile launch but, nonetheless, should be taken seriously. OPEC’s determination to get the market in balance cannot be underestimated or just laughed off." https://blog.pricegroup.com/2017/04/17/whatever-it-takes-the-energy-report-041717/
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