Saudi Aramco’s Breakeven Oil Price Is Higher Than Expected
They have lifted the veil a tiny little bit. And the world is already shocked by what it sees. Just imagine what’s going to come out once they lifted the veil for real. Full Monty style strip tease. I believe they don’t know themselves what they have. Why? Opacity is not something that is celebrated towards the outside world – it works at every level and a company as big as Saudi Aramco with myriads of management layers, each running for fat bonuses, is hard to keep in check. Its a discovery journey for everyone – the question is going to be how much enjoyment there is for the top management.
Given the date, let me first include a disclaimer that this is not an April Fool’s Day prank.