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Saudi Arabian Oil Minister Dispatched: Why Has Oil Rallied?

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 9, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The opening gap was in reply to the dispatching of the 81 year old Saudi Arabian Oil Minister, Ali al-Naimi. His replacement will be former head of the state owned oil company, Aramco (Saudi Arabian Oil Co): Khalid al-Falih. While this move has been anticipated by oil analysts for quite[​IMG]

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