Saudis Bank Their Oil Windfall, Offering an Opportunity for Investors - Barron's


6/3/2022 12:00:00 AM3 years 8 months ago
by Craig Mellow

Stocks have dipped with the government choosing to save the billion-dollars-a-day in oil gains. But eventually, it will have to be spent. One possibility: the banks.

Remember Jamal Khashoggi? Neither, apparently, does the global power elite these days. Crude oil pushing $120 a barrel has expunged concerns about the Saudi Arabian journalist dismembered in 2018, re… [+335 chars]

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