Saudi Rig Suspensions: Aramco’s Strategic Pivot and the Global Ripple Effect.
Brace for Impact Aramco’s decision to suspend multiple offshore rigs signals a strategic pivot,prioritizing production discipline and fiscal stability while capping expansion. This pivot has remained grounded, even amidst the turbulence of the U.S./Israel–Iran conflict. The current Brent price at $67.70 and WTI at $65.50 stand as testament: prices that plunged have now just as […]
