Saudi Arabia Could Cut Crude Oil Exports To The US -- The News Had Absolutely No Effect On Price Of Oil -- Crying Wolf Too Many Times -- June 27, 2023

Locator: 45080SAUDI.

I saw this headline a few days ago, but never clicked on the link or read the article, thinking it was a joke, but for some reason I was curious who wrote it. 

Written by Charles Kennedy so I have to take the article seriously.

A lot of good data points in this article and some good reasoning.

However, after scrolling through the blog, word search "Saudi," it certainly seems Saudi "cries wolf" a lot, threatening to cut back on oil production.

From May 4, 2019: this was a great graph -- one of the best ever, but I've never seen an update, unfortunately. 

There is now talk among some analysts that Saudi's production is maxing out at 9 million bopd.