worldnews·World NewsbyArturo Serrano For Saudi Arabia, the price of oil is falling too lowhttps://qz.com/for-saudi-arabia-the-price-of-oil-is-falling-too-low-1850505379Open linkView original on lemmy.blahaj.zone16Comments5
TendieMaster69 sh.itjust.works2Hide 2 repliesSaudi Arabia is walking a tight rope right now, they really should diversify their economy as quickly as possible the cheapest way possible.6
ffeetongrass replybeehaw.org1Hide 1 replyThey’ve already been doing that. Refer to the pga news from a few days ago.6
wwithersailor aussie.zone Oil prices have already risen in response—which was precisely the result Saudi Arabia was looking for. It's working for them.4
Saudi Arabia is walking a tight rope right now, they really should diversify their economy as quickly as possible the cheapest way possible.
They’ve already been doing that. Refer to the pga news from a few days ago.
Also they own more of Twitter than Elon.
It's working for them.
I mean they invest their trillions into other things.