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Refining Saudi Arabia’s Oil Strategy

Wall Street Journal Original article ›

Keywords:


Saudi Arabia and oil prices- 2011-2018

02/04/2006

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Each side the Saudis, the Russia, and Iran is looking at the drop in oil prices and how much it can absorb using sovereign reserves as lower prices leads to budget deficits in 2015-2016. Russia and Iran face greater problems with western sanctions, and falling currency values exacerbating rising inflation. Other OPEC countries such as Venezuela and Nigeria face a crisis from falling revenues. In the U.S. this will affect shale oil production as less efficient producers shut down plants, with the overall outlook of lower oil prices being positive.

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The Oil Price Swoon Won’t Stop the Shale Boom

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As Oil Prices Plummet, Saudi Arabia Faces a Test of Strategy

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Saudi Price Cut Upends Oil Market

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Impact of price drop to $60 for crude oil on oil drilling companies in 2014-2015

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Fracking Firms Get Tested by Oil’s Price Drop

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OPEC Split as Oil Prices Fall Sharply

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Oil prices plunge as production rises, fueling concern in OPEC - The Washington Post

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Refining Saudi Arabia’s Oil Strategy

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Oil Slide Deepens, Ruble Crumbles

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U.S. shale oil production and the oil price decline in 2014-2015

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Grouped Articles

The Oil Price Swoon Won’t Stop the Shale Boom

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Oil Prices Slip Further After IEA Report

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How Crude Oil’s Global Collapse Unfolded

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Big Trouble in Store for Oil

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Oil’s Fall Continues Into 2015, and Stock Markets Shudder

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OPEC supply, oil demand and oil prices 2014-2017

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Grouped Articles

IEA Cuts Outlook for Oil-Demand Growth by 22%

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Refining Saudi Arabia’s Oil Strategy

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OPEC Members Nearing Compromise on Supply Cuts

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Energy Quakes as OPEC Stands Pat

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Iraq Agrees on Kurdistan Oil Deal

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Saudi Arabia Sees Oil Prices Stabilizing Around $60 a Barrel

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