Will Saudi Arabia Start an Oil Price War? || Peter Zeihan
The Peter Zeihan Podcast Series
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Saudi Arabia's Potential Shift in Oil Production Strategy
This chapter examines a potential change in Saudi Arabia's approach to oil production, focusing on its current restrictions to maintain high prices amidst rising outputs from other OPEC members and U.S. shale producers. The discussion delves into the implications of possibly increasing production by 3 million barrels a day and a new price target of $50 per barrel or lower.
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