Tuesday 12 November 2013

RPT-COLUMN-Saudi Arabia must avoid perfect oil market storm: Kemp | Reuters

RPT-COLUMN-Saudi Arabia must avoid perfect oil market storm: Kemp | Reuters:

"Saudi Arabia is just about the only energy producer so far unaffected by the shale revolution.

Yet despite appearances, Saudi Arabia's financial and oil-market strength is brittle. Saudi policymakers must successfully deal with a series of problems by the end of the decade.

Individually, each of the problems should be easy to manage, but in combination they could amount to a "perfect storm" that presents the kingdom's leaders with the most difficult challenge since the collapse in oil prices in 1998."

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