2016 Asia Financing Oil Prices 
Green Car Congress
OCTOBER 6, 2015
The land-based oil distribution network is smaller, but also important. The Saudi decision to let the market set prices and to pursue market share, has led to steep declines in crude and petroleum product prices. in 2015 and 2016 respectively). in 2015 and 2016 respectively). Natural gas data from Gazprom).
Green Car Congress
AUGUST 13, 2015
In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. Prices rebounded to $60 for a few months, before falling once again below $50.
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