| Some analysts contend that Saudi Arabia's latest price cut targets U.S. producers. Others argue it's aimed at other exporters. It’s an oil-wrestling match – but it might only be as real as the WWE. Last week, Saudi Arabia slashed its crude oil prices for the second month in a row – and unlike the last discount, this was exclusively for the U.S. market.
Some experts declared it the start of a “cold war” with Saudi Arabia, as described by two University of Texas professors in an op-ed in the Dallas Morning News. Other analysts, however, contend that the Saudis are merely trying to defend against other exporters to the U.S...............................................Full Article: Source
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