Putin just sparked an oil price war with Saudi Arabia — and US energy companies may be the victims
Vladimir Putin just sparked what could end up being one of the ugliest oil price wars in modern history, and American oil and gas companies may be the victims.
This weekend Saudi Arabia dropped the oil bomb.It not only cut its forward crude price to Chinese customers by as much as $6 or $7 per barrel, but is also reportedly looking to raise its daily crude output by as many as 2 million barrels…
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