Saudi Thinks It's the 'Central Bank of Oil,' Yergin Says

Daniel Yergin, S&P Global Vice Chairman discusses Saudi Arabia and Russia oil production. He speaks with David Westin and Romaine Bostick on "Wall Street Week Daily."
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[williammathis]

Saudi Arabia doesn't "think" it is the Central bank of oil. Saudi Arabia IS the Central Bank of oil.

[mna]

As long as it has Russia and china backup, it is the central bank of oil😅

[canadianmaple]

Daniel Yergin's scalp made deep cuts to its production of hair, and there's significant uncertainty about where the little hair that's left is headed.

[coolhanting]

The question is what are you going to do about it?

[carlosricano]

Ya se pelearon con los demas productores, porque no?

[apakansaja]

Gas&Oil talk.
Those who have the Gas&Oil make the Rules.
No Gas&Oil No talk.
You dont call me, I call you.

[bobbobertson]

I guess he'd prefer that the Central Bank be the Central Bank of Oil. Haven't they messed up enough stuff already

[jp]

lol can't tell the truth. saudi cut production because they are pissed at the rigging of oil futures markets to the downside. saudi energy minister specifically called out the speculators and said would regret their aggressive shorting

[kpopfanxx-xx]

Well yeah they are the central bank of oil, and the oil belongs to them so, if america has such a big issue with how saudi arabia is dealing with their oil then they should just get oil from elsewhere but no they can't cuz they made enemies with everyone

[rafaelmariscal]

This is exactly why the world needs to transition to EVs and or hybrids and give the middle east the middle finger!