"Ok, so we all know its being played. My question is, how do they (them) stand to benefit from this ie what is their end game? Short selling to push the price lower, still requires a purchase on market at some point in time, so what is the rational behind this manipulation?"
IMHO, you probably need to address 'your question' to both the House of Saud, and, to the People's Republic of China.
Jolly good luck, with that, by the way..!
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