Barrels Quote by Gary Shilling

“OPEC production went from 30 million barrels a day to 33 million. They flooded the market, and it's lost them a lot of money. Look at the Saudis: they just floated a $17.5 billion debt offering, they earlier borrowed $10 billion from a group of international banks; they're selling part of Aramco - they're desperate for money.”

Gary Shilling

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Barrels Billions Borrowed Debt Desperate Groups International Investing Looks Lost Lots of money Millions Money Offering Opec Productions Saudis Selling

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