OIL: $66 | a Global Indicator of Economies & Politics
when oil is above $50 nations are busy producing goods as the demand for the sweet crude in emerging markets accelerates the pullback is necessary to maintain cost of production otherwise it would be expensive for new economies to compete with developed nations low priced oil means VOLUME play for producers and the middlemen benefits - this is also timing for ARAMCO's IPO come 2020 just right to showcase the power of leader
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