Press "Enter" to skip to content

Saudi launches ultimate oil power play

Saudi Arabia has abandoned efforts to support crude prices and is now preparing to flood global markets with huge volumes of cheap oil, a stunning shift in strategy that has pushed oil futures into a dramatic tailspin and set the stage for a battle royale with rival producers including Russia and the United States.

Source:: World News

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *