all the saudis have to do is revert to supply cuts and raise prices, like they did in the good ole days.
then suddenly bloomberg and CNBC and all the other mouthpieces will trot out the phrase "fear premium" again, and use it daily, on the hour, to sell oil.
isn't it funny how "fear premium" was dropped from the media lexicon at the same time ISIS started lopping off heads of their hostages? when terrorists in europe were using machetes on random people. nope, no fear premium there.
it's all a bullshit narrative developed by the powerful.