Saudi Arabia puts market share on the line to bolster oil prices

Capt. John

Saudi Arabia has cut its crude production to lows not seen since the depths of the coronavirus pandemic to defend oil prices, a gambit that has chipped away at its market share in the key battlegrounds of Asia as volumes rise from OPEC+ counterparts Russia and Iran, among others. However, with...

https://www.hellenicshippingnews.com/saudi-arabia-puts-market-share-on-the-line-to-bolster-oil-prices/

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