Description: With the U.S. on track to become the world’s largest oil producer by next year, it’s become popular in Washington and on Wall Street to call America the new Saudi Arabia. Yet the real Saudi Arabia hasn’t relinquished its role as the producer with the most influence over oil prices.
Date: Oct 23, 2014
Questions for Discussions:
- Summarize the oil market and Saudi Arabia’s current strategy?
- How should investors play current price fluctuations?