Saudi Arabia on the verge of losing control of oil markets – OilPrice.com
Saudi Arabia on the verge of losing control of oil markets – OilPrice.com
When Saudi Arabia delivered “a wonderful surprise” to the oil markets earlier this month in the words of its energy minister, oil prices soared. After all, the Kingdom has said it will cut an additional 1 million bpd in oil production to keep prices higher. But then Iran started ramping up production, forecasting exports to […]
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