Saudi Oil Production Looks like even at current prices and with a relatively weak economy demand is holding up. Tells me they probably keep hiking
Saudi Oil Production Even with crude prices now well over $100 there’s no sign of demand for Saudi crude falling off. I expect they will
Saudis are selling more oil at the higher prices, as they continue to function as swing producer, setting prices and letting quantity adjust. ♥
Opec reported Saudi production was up to 9.2 million bpd. This means demand has increased at the current posted prices probably making further price hikes
Saudi production increased marginally for January, and all indications are net demand is holding up at the higher prices. While this bodes for continued price