How the Saudi Oil Production Decision Will Impact 2016 Prices

Saudi officials just announced the country will not reduce oil output. The move to maintain Saudi oil production marks the second time the country chose to protect market share rather than stabilize oil prices. But here's why you shouldn't listen to the doom-and-gloom price forecasts... Tags: 2016 oil prices , Energy Prices , Oil Prices , opec oil production , Saudi Arabia oil , saudi arabia oil production , saudi oil production To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post How the Saudi Oil Production Decision Will Impact 2016 Prices appeared first on Money Morning - We Make Investing Profitable .