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02opida

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02opida

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Friday, 01/09/2015 9:39:27 AM

Friday, January 09, 2015 9:39:27 AM

Post# of 5360
Saudi Arabia is best positioned to turn down the taps, but it appears to have spearheaded the oil price war in the first place for both financial and geopolitical gains. Comments from Saudi oil minister Ali Naimi that prices as low as $20 a barrel would be tolerated suggests that Riyadh — despite some palace intrigue surrounding the poor health of King Abdullah — is enjoying the spectacle.

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