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OPEC To The Rescue | Rory Johnston’s Cautious Bull Case For >$80 Oil
Forward Guidance
The Saudis Don't Like to Unilaterally Cut Production
In the 80s, it was only Saudi Arabia who did this cut. No one else from OPEC. There are a couple of other members within OPEC that are actually really good at cutting production and following the line. But again, these are more or less Saudis core allies in the Gulf region. They're obviously the biggest swinger in this kind of market.
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