Near term market jitters unlikely to reflect Saudi production - TopicsExpress

Near term market jitters unlikely to reflect Saudi production policy, which took into account King Abdullahs health. Recent perspectives thread... ... “The passing of King Abdullah is going to increase uncertainty and increase volatility in oil prices in the near term,” Neil Beveridge, a Hong Kong-based analyst at Sanford C. Bernstein & Co., said by phone. “I wouldn’t expect a change in policy in the near term to be known, but the passing comes at a challenging time for Saudi Arabia.” ...

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