[Peakoil] ValueWalk: Is Saudi Arabia Still The Swing Producer? – Horseman Capital

[Antony Barry]

Is Saudi Arabia Still The Swing Producer? – Horseman Capital
ValueWalk

Is Saudi Arabia Still The Swing Producer? by Russell Clark, Horseman Capital Management Saudi Arabia is the world’s largest exporter of oil, and since 1970 has been the linchpin within OPEC, increasing and decreasing supply to support oil prices. Since late 2014, Saudi Arabia has committed to increasing production to force lower oil prices and reclaim market share. Looking at production levels from the US and Saudi, we can see how the US oil producers have increased production dramatically since Read the full story


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