ODAC Newsletter Sept 28
Oil prices were once again oscillating between the price depressing effects of economic uncertainty and the price enhancing effects of Middle East political uncertainties this week…Saudi Arabia has promised to keep oil markets supplied in the event of shortfalls elsewhere, but Deutsche Bank, and others question whether the kingdom is really in a position to make good on the promise. The IEA now estimates Saudi spare capacity at just under 2 million barrels/day.


















