Ronaldo’s $313m contract shows why it’s time to worry about oil

The extension of oil production cuts by Saudi Arabia is driven by its geopolitical and economic ambitions. Last week the Australian Financial Review wrote a Chanticleer column about these ambitions connect to the massive contract that Cristiano Ronado has recently inked. Sascha is joined by AFR journalist James Thomson to talk about this today. Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.