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Commodities Briefing - Categorized | Oil, Price Watch more

Saudi Arabia’s reliance on high oil prices courts disaster

Posted on 13 November 2013

Saudi Arabia is just about the only energy producer so far unaffected by the shale revolution. Yet despite appearances, Saudi Arabia’s financial and oil market strength is brittle. Saudi policymakers must successfully deal with a series of problems by the end of the decade.
Individually, each of the problems should be easy to manage, but in combination they could amount to a “perfect storm” that presents the kingdom’s leaders with the most difficult challenge since the collapse in oil prices in 1998………………………………………..Full Article: Source


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VRS - who has written 39895 posts on Opalesque Commodities Briefing.


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