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Is there any analysis/record of why they made the decision? Or is that kept secret?
by quickthrower2 4y ago
Is there any analysis/record of why they made the decision? Or is that kept secret?
- asimeqi 4y agoThey like money.
- matthewdgreen 4y agoThey like a strong “alternatives to OPEC oil” industry.
- mike_d 4y agoThe Saudi's want to help prop up Russia indirectly. Also everyone likes more money.
- m00x 4y ago> The Saudi's want to help prop up Russia indirectly. Source?
- mike_d 4y agoThis should catch you up from the last time they reduced production: https://thehill.com/policy/energy-environment/3675262-democrats-excoriate-saudis-over-opec-decision/ https://thehill.com/policy/energy-environment/3675262-democr...
- mhb 4y agoRealized that the only way to reduce fossil fuel use is to increase its price?
- coaltunbey 4y ago"OPEC's objective is to stabilize the oil price rather than countering fundamental shifts in demand and supply." https://www.imf.org/en/Publications/WP/Issues/2022/09/15/OPEC-and-the-Oil-Market-523393 https://www.imf.org/en/Publications/WP/Issues/2022/09/15/OPE...