Tuesday, December 30, 2014

Reading the Tea Leaves of the Saudi 2015 Budget

#Energy Traders might be tempted to focus on the fact that Saudi Arabia’s 2015 annual budget would need an average of $80 oil for the year to balance its books as a sign that the kingdom thinks prices will rebound soon. But the kingdom has historically missed the mark between budget making and actual oil prices.

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http://theenergycollective.com/amjaffe/2177101/reading-tea-leaves-saudi-2015-budget http://bit.ly/15KdByZ

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