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Saudi futures index
This oil price is mainly controlled by special oil organizations, because they used to manipulate oil prices to punish some big western oil companies and set up oil organizations to fight against some western oil companies. Of course, we also saw Saudi Arabia, not because of its own oil production reduction, but because it was attacked by Houthi armed forces. It will lead to a certain decline in Saudi crude oil production. This has also caused oil price turbulence in the global market.

Whether it is energy or religious culture, Saudi Arabia is a very influential country in the Middle East. Therefore, Saudi Arabia has accumulated a lot of wealth for him because of oil exports in recent years, which has also made his influence in the Middle East more and more important. However, the attack of Houthi armed forces led to the reduction of Saudi crude oil production by half, which also caused oil panic in the global market. Of course, Saudi Arabia has announced that it has enough oil supply, and the export quota of 10 will also stabilize the international oil price.

Of course, the higher the oil price, the better, because once the oil price is too high, it will lead to a decrease in Saudi oil exports, but it will cause a serious economic crisis to Saudi Arabia. In addition, this time, because the military strike led to the reduction of Saudi oil production, once Saudi Arabia defaulted on oil, it would bring great losses to Saudi Arabia's international reputation. Therefore, Saudi Arabia will definitely take more severe military strikes to maintain the safety of its oil channel.

Therefore, Saudi Arabia's move is to maintain its oil share in the international market, because once Saudi Arabia cannot supply the quota of crude oil export, other countries will turn to other oil-producing countries one after another, which will have a great impact on its crude oil export.