What Saudi Arabia’s Squeeze on Oil Means for Your Money
It’s not easy being a cartel of one.
Abdulaziz bin Salman, Saudi Arabia's energy minister.
Photographer: Akos Stiller/BloombergWelcome to Money Distilled. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money.
Just before we get started chatting about oil prices today, I have the results of last week’s Bloomberg Markets Live Pulse survey for your delectation. Thanks for all your responses — this one got a huge number of replies, showing just how emotive the topic is.