From: Richard Kahn -- To: "jerfrey IL" <jeevacationgmail.com> Subject: Fwd: Update: OIL PRICE & SAUDI ARAMC0 Date: Fri. 07 Jul 2017 21:18:27 *0000 I nlinc-Images: image005git0102F711.161095700.gic; image006gif01 D2F71D61095700.git). image007g0DID2F71D61095700.gif; image008gifOlD21, 71061095700.gif: inutge009gi101D2F71D61095700.gif Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor Ncw York, NY 10022 tcl fax cell Begin forwarded message: From: "Ens, Amanda" Subject: Update: OIL PRICE & SAUDI ARAMCO Date: July 7. 2017 at 8:53:29 AM EDT To: Rich Kahn' Reply-To: "Ens, Amanda" Happy to set up a call with our experts ... as per below, still so many factors moving Oil - but once again Saudi Aramco cutting prices in Asia has coincided with a relatively aggressive move lower in spot... July 5th at 2pm - (Bloomberg) -- Saudi Arabia cut August pricing for most of its crude grades to Asia as the world's largest oil exporter seeks to stay competitive with other producers. State-owned Saudi Arabian Oil Co., known as Saudi Aramco, lowered official pncing for Nab Light crude to Asia by 20 cents to 45 cents a barrel below the regional benchmark, it said in an emailed statement. The company had been expected to cut pricing by that amount, according to the median estimate in a Bloomberg survey of five refiners and traders. ;11W:1149242103 ... and now these headlines hitting, let's see how much impact they have -OPEC IS SAID TO MULL PRODUCTION CAPS FOR LIBYA, NIGERIA: WSJ From: Heraty, Joseph P Sent: 05 May 2017 10:48 Subject: OIL PRICE & SAUDI AMMCO I'm not an Oil expert, but do think the below is quite interesting... I always thought the Saudi Arabia (via Aramco) impact on Oil prices on the big 70% move lower from Oct 2014 to Jan 2016 was under-appreciated as highlighted below... and this week's down 7.5% move again coinc.dental N comes just after this headline on Monday - May la= Aramco cuts Asia oil pricing as Saudis seen losing market share