Friday, November 7, 2025

Saudi-Iran Oil Rivalry Heats Up as OPEC Seeks Stable Prices

From Bloomberg Saudi Arabia pumped at record level in July, OPEC data show Venezuelan president discussed oil prices with Saudi king Video Interview Saudi Arabia and Iran are giving no ground in their market share war, just days after OPEC announced an informal meeting to discuss ways to stabilize falling prices. Oil’s return to a bear market last week prompted