3 ms·

these sources indicate otherwise. Saudi Arabia started the current trend: businessweek.com/articles/2014-10-23/oil-saudi-arabias-risky-price-play bloomberg.co

• Steko 12y ago
  Your citations directly contradict your fantasy that this revolves around Bashar or punishing Russia. Bloomberg says the Saudis raised production only half a percent to defend their market share from the U.S., Russia and Canada's continued increases, basically what I said above. The price doesn't drop 20% because one supplier who has 12% market share increased their supply 0.5%.