Saudi Arabia’s Mixed Signals May Show It’s Just Not That Into $100 Oil
When Saudi Arabia lowered its oil prices last week, analysts declared that the No. 1 oil producer was more focused on maintaining its share of a well-supplied global market than on keeping prices at $100 a barrel or higher. AFP/Getty Images “It is fair to say that the kingdom is not in a rush to cut production soon,” said London consulting firm Energy Aspects in a note […]