Saudi Arabia Is On The Brink Of Losing Control Of oil markets

[raptor22]

Karma is a bitch ... reminding me of how these people were trying to reduce Iran oil revenue by pumping oil into the market and margin Iran while the market was already full hands in hands with their beloved Americans to reduce oil prices ...
Well good news is Iran is no longer depended on oil and sanctions have pushed Iran to look more on its own capabilities .... that means Karma is a double bitch ...

 

[Indos]

It is reaching 71 USD per barrel already

It could be a hot summer ahead for oil prices

Oil prices could temporarily spike to $80 or more this summer as demand comes roaring back.

www.cnbc.com

 

[Saddam Hussein]

It is reaching 71 USD per barrel already

It could be a hot summer ahead for oil prices

Oil prices could temporarily spike to $80 or more this summer as demand comes roaring back.

www.cnbc.com

I want my oil price at $500 a barrel

 

[Azadkashmir]

poorer? you mean richer their economy has only increased. 50-years from now is post WW3 but until the SaudiS will keep increasing in GDP. The world map will completely change there will be no more sykes-picot lines. New borders will emerge and countries etc etc. Saudi Arabia as state will not remain but it will join a bigger unified Islamic country composing of as much as 50 countries

i suppose it will join israel.

 

[Indos]

The only way to stabilize oil price is to let Iran oil supplies the world again beside China, it means US should not be too demanding in Iran Nuclear deal negotiation

 

[aryobarzan]

Saudi oil is running out fast..they will be a net oil importer in a decade...if you wondered why they are selling Aramco..that is your answer..iran and iraq are the only big guys around with oil reserves that will last over 100 year (@camelguy )..MBS is panicking and coming up with all these grandiose plans to bring money in..He think every one else is stupid ...in a decade they have to go back living and working like everyone else..(working!..that will be so hard)...
Next decade the countries that did not pump oil in massive scale will be the rich guys...may be they sell some oil to Saudi if they act nice..lol