Post Tagged with: "Saudi Arabia- Russia oil war"

Source: Reuters

Saudi Arabia and Russia signal readiness to cooperate on oil


DUBAI/MOSCOW  – Saudi Arabia and Russia signalled on Thursday they were ready to cooperate to help stabilise the oil market after calls with U.S. President Donald Trump to discuss the slump in prices triggered by the end of a …

Source: CNBC

5 charts that explain the Saudi Arabia-Russia oil price war so far


Two of the world’s largest oil producers — Saudi Arabia and Russia — are set to increase production dramatically this month, after an agreement between OPEC and its allies to lower output expired at the end of March.