5 charts that explain the Saudi Arabia-Russia oil price war so far

Two of the world’s largest oil producers — Saudi Arabia and Russia — are set to increase production dramatically this month, after an agreement between OPEC and its allies to lower output expired at the end of March. 

OPEC+ countries have teamed up to reduce their supply to the market since 2017, but failed to reach a deal last month. 

Riyadh and Moscow then separately announced that they…

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