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Are the Saudi's starting to crack under cheap oil prices?

Discussion in 'Fundamental Analysis' started by ForexLive, Oct 8, 2015.

  1. ForexLive

    ForexLive Forum Member

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    The battle for market share goes on but now the signs are emerging that low prices are starting to bite The low price of oil has been squeezing producing countries for some time now. Smaller producers always bear the brunt of modest price falls to their finances but they've been hit very hard with the collapse of oil. Larger producers are better placed to see out the storm and are more prepared to wear some short term pain for the supposed long term gain

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