Quote:
Originally Posted by Slava
Lol (you have to laugh so you don't cry), but the Saudis are mulling over cuts to production immediately rather than waiting until May. A) Do you think that's probably a good idea? and B) that MBS is just an unbelievable strategic thinker. At those cratered prices I thought that Aramco could make money and that was it...but he took care of them in the process as well. Brilliant.
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There's a pretty substantial gap between Aramco making money and KSA being able to continue handing out the pacification cheques to their populace. They need that money to make sure they don't end up inside of the tiger whose tail they've been holding.