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By notlloyd (registered) - website | Posted December 12, 2014 at 09:40:15 in reply to Comment 106958
Saudi does not "allow" lower prices. Market determines price. It's supply and demand. Saudi either permits more or less oil to be sold to control price.
Reserves affect futures and stock value.
Comment edited by notlloyd on 2014-12-12 09:40:27
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