Is A New Oil Price War Between The West And OPEC About To Break Out?
Is A New Oil Price War Between The West And OPEC About To Break Out? Authored by Simon Watkins via OilPrice.com, Saudi Arabia’s past oil price wars in 2014–2016 and 2020 backfired, as U.S. shale producers became leaner and more efficient. Riyadh drained hundreds of billions in reserves and faced rising fiscal deficits without achieving […]
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