Addax Petroleum (fka AXC)

[sneak-attack]

The Saudi oil IPO could be on a long term hold as a result of the Washington Post reporter's death in a Saudi Embassy last week.

World Financial Leaders are spooked by the Saudi action and response to U.S. sanctions.

The Saudi oil IPO could have set the Stage in Hydrocarbon Pricing going forward as the Saudi Hydrocarbon Reserves Totals would be known to All and World Hydrocarbon pricing would better reflect the World's Known Reserves plus adding the new Hydrocarbon Discoveries less the daily the daily production rates compared to the daily consumption rate.

Stabilizing Oil Pricing could go along way in helping the World Economy grow at a steady rate.

Threats by the Saudis to shutdown oil production in response to any sanctions did not win over any of their allies around the World.

The Saudis are looking for a Face Saving Plan "B".


Please conduct your own research in case I am Mistaken.

Sneak-attack