The Saudis blinked. The latest deal — an agreement with Russia to cap oil output at January levels if they are joined by other large producers — will not rebalance the oil market immediately. The surge in prices last week was premature. But they blinked and that is all important. The myth of Saudi power is broken.
沙特人“眨眼”了。最新的协议——与俄罗斯谈妥,如果其他产油大国配合,将把石油产量冻结在1月水平——将不会立即实现石油市场的再平衡。上周的油价飙升来得太早了。但他们眨眼了,那是极其重要的。沙特实力的神话被打破了。
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