05-11-2015, 11:32 PM
Now that the U.S. has shit down it's oil production the Middle East is now shutting down production to raise prices.
All by design
5-11-2015
Saudi Chevron Said to Halt Oil Production at Wafra Fields
Saudi Arabian Chevron started shutting down production today at the Wafra oil fields, removing about 250,000 barrels a day of potential supply from world markets, according to two people with knowledge of the matter.
A halt at Wafra may help ease a global supply glut that drove benchmark prices down about 50 percent last year.
All by design
5-11-2015
Saudi Chevron Said to Halt Oil Production at Wafra Fields
Saudi Arabian Chevron started shutting down production today at the Wafra oil fields, removing about 250,000 barrels a day of potential supply from world markets, according to two people with knowledge of the matter.
A halt at Wafra may help ease a global supply glut that drove benchmark prices down about 50 percent last year.