Energy Investing - Saudi Arabia could 'flush' the oil market with a flood of supply to regain control ov - Energy Investing - InvestorVillage


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Msg  535572 of 549999  at  12/3/2023 10:31:28 AM  by

marpincan


 In response to msg 535568 by  Ed Ajootian
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Re: Saudi Arabia could 'flush' the oil market with a flood of supply to regain control ov

 What the 14 crash did was force companies to live with in their cash flow. No more borrowing as much as you can and drilling your brains out. The banks would no longer lend with almost no restrictions and companies are looking over their shoulder wandering when the Saudis again get pissed off. Shareholders also smartened up and started demanding debt pay down and share holder returns.


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