Attention Economy


Tuesday, April 4, 2023

High Oil Prices and Grandiose Saudi Projects

Saudi Arabia’s Oil Production Cuts Reflect Cost of Reshaping Economy
https://www.wsj.com/articles/saudi-arabias-oil-production-cuts-reflect-cost-of-reshaping-economy-7fb6e09c
Riyadh needs to keep prices high enough to fund grandiose giga projects.