‘They Will Be Ouching’: Saudi Energy Minister Warned That Oil Short Sellers Would Feel Pain — Now The Nation Has Made A Production Cut Of 1 Million Barrels Per Day

Oil prices have come down quite a bit from their 2022 peak. While that has prompted some traders to bet against the commodity, Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman has issued a stern warning for the short sellers. “I keep advising them that they will be ouching — they did ouch in April,” …

‘They Will Be Ouching’: Saudi Energy Minister Warned That Oil Short Sellers Would Feel Pain — Now The Nation Has Made A Production Cut Of 1 Million Barrels Per Day Read More »