OSH 0.82% $7.35 oil search limited

oil, saudi, osh, page-4

  1. 154 Posts.
    not really sure what your on about. The Saudis have taken US$200 billion out of the US markets in the last week. Theie investments are therefore no longer at the whim of the US mkt, so if oil does go up, their position is not affected....therefore oil will go up, cos they wont put any extra oil into the system. It's their way of telling the US to back off Iraq....quite affective, I think.
 
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