(Bloomberg, 9.Aug.2020) — The strategy worked wonders in 2017. It will be more challenging this time around unless the pandemic eases its grip on oil demand. For the second time in three years, Saudi Arabia is slashing the volume of crude it’s sending to America in an attempt to force down […]
Tag: Riyadh
Bolsonaro Wants Brazil In OPEC
(Reuters, Stephen Kalin, Rania El Gamal, Alex Lawler, 30.Oct.2019) — Brazilian President Jair Bolsonaro said on Wednesday that he wants his country to join OPEC, a move that would add the most significant new producer to the oil cartel for years. The comments come ahead of a massive auction of […]