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Re: Hamilcar54 post# 2549

Friday, 03/27/2015 12:16:43 PM

Friday, March 27, 2015 12:16:43 PM

Post# of 4227
Ad the Saudi are keeping OPEC oil levels constant, despite other OPEC members wanting to decrease output.

Which is exactly what I stated.

Saudi Arabia will keep oil output constant, to keep the price of oil down.

The Organization of the Petroleum Exporting Countries at a November meeting decided to focus on market share rather than cutting output, despite concerns from members such as Iran and Venezuela about falling oil revenue.