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Saudi Arabia will freeze oil output only if Iran and others do so - Saudi deputy crown prince

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 1, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Saudi deputy crown prince told Bloomberg on Friday, Saudi Arabia will freeze oil output only if Iran and others do so.

    Key Quotes:

    Saudi will join production freeze only if Iran and others do so

    Low oil prices is no threat to us

    Low oil prices extend the oil lifespan

    Saudi Aramco to be moved to a public investment fund

    Saudi aims for its income to be mainly from investment not oil
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