We will see. Saudi through OPEC keeps cutting supply to increase prices to maintain their margins/profit. I believe they went in a full price war with the US

We will see. Saudi through OPEC keeps cutting supply to increase prices to maintain their margins/profit. I believe they went in a full price war with the US a few years ago which caused oil to reach record lows but then gave up? I'm not really sure what their long term strategy is considering they keep reducing supply to raise prices while the US is soaking up that supply and their total profits have to be going down since oil prices are not increasing drastically while their production drops while still selling at the presumably the same margin.