Rising US oil production frustrates OPEC
- Thread starter NoleATL
- Start date
OPEC cuts in production are biting the Sauds economy. They had the 2nd worst GDP growth (-1.1%)behind only Argentina for 2023.
Oil revenues account for 80% of Saudi GDP.
Good to see some blowback from their manipulative actions.
Oil revenues account for 80% of Saudi GDP.
Good to see some blowback from their manipulative actions.
