“When I started covering oil back in the early 2000s, there was a Saudi joke at the high levels that began by asking, what is Riyadh’s preferred price for a barrel of oil at the end of each of the next five years? The answer is $100, $100, $100, $10, and $100.”
-Summer Said, Wall Street Journal reporter covering Saudi Arabia and energy markets, in a post on Twitter. [twitter.com]