Summary:
Settling back to pre-covid levels: After cutting price to shut down the higher cost producers, particularly US shale, the Saudis have moved prices back to pre covid levels and may be going higher, particularly if they feel oil’s days are numbered…
Topics:
WARREN MOSLER considers the following as important: Economic Releases
This could be interesting, too:
Settling back to pre-covid levels: After cutting price to shut down the higher cost producers, particularly US shale, the Saudis have moved prices back to pre covid levels and may be going higher, particularly if they feel oil’s days are numbered…
Topics:
WARREN MOSLER considers the following as important: Economic Releases
This could be interesting, too:
WARREN MOSLER writes Consumer sentiment, real retail sales, industrial production, wages
WARREN MOSLER writes New manufacturers orders, vehicle sales, unemployment claims, rents, oil prices
WARREN MOSLER writes Saudi price hike, private payrolls, new hires, corporate profits
WARREN MOSLER writes Pending home sales, Durable goods orders, oil rigs and production
Settling back to pre-covid levels:
After cutting price to shut down the higher cost producers, particularly US shale, the Saudis have moved prices back to pre covid levels and may be going higher, particularly if they feel oil’s days are numbered…