Posts Tagged ‘Saudi Arabia’

Could The Drop In The Price Of Oil Be Due To Political Reasons?

Saturday, December 20th, 2014

Aside from the abundant supply of oil in the market, there are speculations that the oil prices have fallen below the $100 per barrel mark due to political reasons.
There are rumors that in September, the US secretary of state John Kerry struck a deal with King Abdullah of Saudi Arabia to sell crude below the prevailing market … Read More...