Looking for online definition of dysconjugate gaze in the Medical Dictionary? dysconjugate gaze explanation free. What is dysconjugate gaze? Meaning of dysconjugate gaze medical term. What does dysconjugate gaze mean?
In the short run, all oil exporting countries including Saudi Arabia are affected by the low oil prices. But Saudi Arabia benefits in the long run with estimated currency reserves of about $700 billion, allowing it to bear current low oil prices for a few more years. Low oil prices also give Saudi Arabia political power over other oil exporting countries that are its political rivals. For example, Saudi Arabia clashed with Russia and Iran over the Syrian conflict when the latter kept supporting Bashar al-Assad's regime against Saudi Arabia and its western coalition.
Over-supply of oil will drive the price of crude towards the downward slope in the world market. And if oil prices fall below the OPEC set minimum price, the oil cartel will cut down production, as seen earlier. Of course, there are already two camps: Those that can afford to cut production like Saudi Arabia and UAE and those that can't like Venezuela, Algeria and Angola.