Aug 23, 2022
3 min read
AUG 23. Saudi Arabia’s classic market intervention…
In this week, Saudi Arabia is acting a good role as the head of OPEC members, protecting their profits in the oil market. They did announce one more opinion to the market, saying that OPEC will lower the production numbers when Iran is back into the official crude oil market without economic sanctions. If Iran is officially back into the oil market, that will blow every oil player’s position…
