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The Oil Price Is Now Controlled By Just Three Men

The Oil Price Is Now Controlled By Just Three Men

Publicerat av Tony Harkén tisdag, 20 november 2018.

Bin Salman, Trump and Putin are calling the market shots. The prince may struggle to defend output cuts against a hostile Trump and indifferent Putin.

OPEC has lost what control of the oil market it ever had. The actions (or tweets) of three men — Presidents Donald Trump and Vladimir Putin and Crown Prince Mohammed Bin Salman — will determine the course of oil prices in 2019 and beyond. But of course they each want different things.

Read more atBloomberg

Publicerat av

Tony Harkén

ryssland

Klockan i Moskva, Ryssland

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