Oil – The Saudi Factor

Published on
May 12th, 2017
Duration
23 minutes

Oil – The Saudi Factor

The Big Story ·
Featuring Raoul Pal, Emad Mostaque, Diego Parrilla

Published on: May 12th, 2017 • Duration: 23 minutes

Episode Three of ‘The Big Story – Oil’ picks apart the role of Saudi Arabia in the market and their incentive for keeping the price high, ahead of the world’s biggest IPO of Saudi Aramco. But can Saudi control the market until then while the US is increasing market share. Raoul continues his research to finalize his trade position.

Comments

  • AR
    Adrian R.
    27 May 2017 @ 20:22
    What's missing for me is a view on the where the dollar goes. Strengthening dollar, all else equal means lower oil price, and weakening, the reverse. What is the view here?
  • TS
    Thomas S.
    16 May 2017 @ 01:57
    This is such a great series!
  • SJ
    Stephen J.
    15 May 2017 @ 02:38
    US shale producers will continue to drill and produce. The cost of an oil & gas lease in shale areas (Oklahoma and Texas) is running between $5000.00 - $40,000.00 per acre. Depending on the number of acres in a drilling unit, each drilling unit/location can cost millions. They really have no other choice, they must drill to maintain those expensive leases. or the lease expires worthless after the initial term. Oil and gas operators have paid billions for shale lease, they will continue drilling.
  • SP
    Steve P.
    14 May 2017 @ 07:31
    Great presentation so far - a huge point emerges here though. With China leading the marginal demand equation, stockpiling like crazy and being the biggest energy investors in overseas oil/energy assets the past decade or so, it begs the question of whether China's interests lie in seeing a lower oil price into the Aramco IPO. That would potentially give China a leg in to a huge reserve supply (we think??) at a much lower cost. Oil for thought !!
    • dd
      darrell d.
      16 May 2017 @ 19:39
      Sure China would love lower oil prices. However, do they not need to soon run higher internal inflation to chip away at the mountain of debt? Oil ... Higher oil prices are the easiest route to parlay that inflation.
  • JA
    Jason A.
    14 May 2017 @ 01:33
    I love the music
  • J
    Josh .
    13 May 2017 @ 15:00
    Great job Raoul , what's with the music?!
    • RK
      Raitis K.
      13 May 2017 @ 16:34
      what's wrong with the music? keep it rockin
    • MS
      Matt S.
      16 May 2017 @ 09:16
      Da... na na na naaaaaaaaa................. da na na na!
  • BF
    Bruce F.
    13 May 2017 @ 13:45
    one word covers the entire presentation-BRILLIANT
  • BG
    Brad G.
    13 May 2017 @ 13:38
    The thinking behind the oil space incentives for all the players is great. Thanks!
  • JD
    John D.
    13 May 2017 @ 11:07
    Great Work Raoul... Lots of Interesting angles...
  • CG
    C G.
    12 May 2017 @ 19:40
    Open for discussion, but is there any reason why Saudi can't unpeg from the dollar? What would be the consequences..........