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Comments On The Interview With The Saudi Crown Prince

Just a quick not here. The transcript of that bloomberg interview was published. I feel a little less sure that we truly understand what he mean. Full transcript is at www.bloomberg.com/news/articles/2016-04-...

I want to comment on the one section about the freeze below:

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Bloomberg: You have the upcoming meeting in Doha in April 17th. Will a freeze be enough?

Prince Mohammed: If all countries agree to freeze production, we're ready.

Bloomberg: So will Saudi Arabia insist that Iran joins the production freeze?

Prince Mohammed: Without a doubt. If all countries including Iran, Russia, Venezuela, OPEC countries and all main producers decide to freeze production, we will be among them.

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You have to read the rest of the interview to see how many times the Prince says the words 'without a doubt'. I'm not competely sure he understands the exact meaning. You also can't assume that he understood the exact meaning of the question. I only say this from having some experience with people that speak English as a second language. It's just odd to repeat a phrase like 'without a doubt' twice. However, the word doubt was used a lot. "No Doubt" many times, "without a doubt" twice and "undobtedly" once. This somewhat suggests that he knew exatly what he was saying.

Have a read and decide. They talk a lot about their plans to diversify.