

Will Saudi Arabia Start an Oil Price War? || Peter Zeihan
4 snips Oct 25, 2024
The podcast dives into Saudi Arabia's possible strategy shift in oil production. It ponders an increase of up to 3 million barrels a day to lower prices around $50 per barrel. The conversation also speculates on the implications of an oil price war involving Saudi Arabia and Russia. It highlights how U.S. shale producers may withstand these challenges despite the geopolitical tensions impacting Russia. Exciting insights reveal the complex dynamics of global oil markets and the resilience of various players.
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