Thursday, June 23, 2016

Saudi Arabia Says It Won't Increase Production -- June 23, 2016

It's not getting much press, and I'm not sure exactly what was said, but it's being reported that Saudi Arabia has decided NOT to increase production.

Just when Saudi Arabia had the US shale industry on the ropes, Prince Salman apparently said Saudi Arabia won't increase production.

No link. I've only seen one story on this. If there's any accuracy to it, we will see more stories.

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