Thanks Snowman a statement with a proven reason are you reading Laidback an intelligent post from Smowman take note how it’s done or go on YouTube for pointers !!
Low oil prices would crimp Aramco’s earnings and hurt Saudi Arabia’s finances. The kingdom’s royalties dipped more than 12% in 2019 and it needs an oil price of $84 to balance this year’s budget.
Saudi's need a deal done as they have a minimum dividend payment of $75 Billion per annum to shareholder's most of which were there own public. I believe this is based on $75 a barrel.