The last few days there seems to be a sharp turn in Saudi oil policy.They seem to embrace an oil price 20 dollars lower,instead of approximately a hundred bucks,close to eighty bucks.They plan to hit investment and make life difficult for say American higher cost producers(shale,oil sands..?).

I wonder what Teck thinks about this and if this Saudi move makes Teck view copper even more favourably and shift their emphasis more toward copper.