Business
Saudis Stay Cautious on Oil Production, Despite Warnings
Saudi Arabia’s energy minister Prince Abdulaziz bin Salman says the kingdom will remain cautious about raising oil production, even as several prominent analysts warn rising demand will soon cause prices to rise beyond $100 a barrel. Bloomberg’s Paul Wallace reports on what the remarks mean for oil prices.
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January 31, 2024 at 5:28 pm
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@ahmedalsharman
January 31, 2024 at 5:28 pm
Lol 😅 Oil is crashing, why they need to increase supply !! They should cut instead.
@Gww376
January 31, 2024 at 5:28 pm
Pour on drilling ,they will bend…scared
@federalreservewolflegend3523
January 31, 2024 at 5:28 pm
Most intelligent people are aware Sauds are almost out of oil and are drinking the last of their oil wells atm.
@lesliehatun2044
January 31, 2024 at 5:28 pm
Everyone wants 100 bucks per barrel WHICH is not conducive for INFLATION. War profiteering is off the charts.
@MrRandyfive
January 31, 2024 at 5:28 pm
In Melbourne Australia… petrol just rose by 50 cents per litre over night…… And she’ll just made $40,000,000,000 in profits…… something going on.
@allon33
January 31, 2024 at 5:28 pm
ha ha
@leebruce9668
January 31, 2024 at 5:28 pm
What industry can you control production expect the oil industry. What a joke. If you did it in any other industry you would be fined throwned in jail.
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January 31, 2024 at 5:28 pm
$7 Trillion
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