The change is upending the traditional market dynamics that have influenced the direction of oil prices for decades.

Sourced through Scoop.it from: www.nytimes.com

“Is Saudi Arabia still willing to play the swing producer and juggle the whole domestic economy, refineries, power plants, desalination, petrochemicals, just to meet the expectations of either OPEC or non-OPEC producers? The answer is no, obviously not.”

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