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Saudi Arabia may go broke before the US oil industry buckles - Telegraph.co.uk
Telegraph.co.uk | Saudi Arabia may go broke before the US oil industry buckles Telegraph.co.uk "It is becoming apparent that non-OPEC producers are not as responsive to low oil prices as had been thought, at least in the short-run," said the Saudi central bank in its latest stability report. "The main impact has been to cut back on developmental ... Feeling Brave? Buy These 5 Oil Stocks Oil Prices Fall to Multi-Month Lows With crude at US$50, oil firms fear deeper crisis than in 1980s |
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