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Oil Market: Follow the Money | 2 comments (2 topical, editorial, 0 hidden)
Re: Oil Market: Follow the Money (4.00 / 2)
Maybe Saudis settle their prepay contracts by buying extra oil from market when prices are low.

If they expect that oil price will rise soon they may prefer to settle more prepay contracts now than their production allows so that they can sell their future oil production for a high price instead of settling prepays.

by Jute on Tue Apr 21st, 2015 at 08:32:07 AM EST

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Oil Market: Follow the Money | 2 comments (2 topical, 0 editorial, 0 hidden)
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