Andy Hall: Saudi "Rockefeller" Style Plan on Oil Could Backfire
The Saudi’s have taken a page from J.D. Rockefeller’s “book” and they are currently giving oil producers a “good sweating,” hoping that low prices will force high cost producers go out of business, according to a recent strategy document from Andy Hall's Astenbeck Capital reviewed by ValueWalk.
Andy Hall on Saudi's oil strategy
The most obvious target of the Saudi Arabia’s aggression - the marginal U.S. shale . . .
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