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**D*A**

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Re: capgain post# 89831

Monday, 10/15/2018 4:36:15 PM

Monday, October 15, 2018 4:36:15 PM

Post# of 90887
True, Riyadh can bring the global economy to its knees in the short-term by cutting output and sending prices sharply up. The kingdom pumps one-in-ten oil barrels produced worldwide, and holds nearly all the spare capacity available to respond to any supply outage. Even just hinting that it won’t replace the barrels lost from Iran due to U.S. sanctions could be enough to push prices toward $100 a barrel.

https://www.bloomberg.com/news/articles/2018-10-15/veiled-saudi-threat-boosts-oil-prices-already-moving-toward-100
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