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Tag Archives: Saudi Russia Oil

Oil Heavyweights Look Ready for a Showdown

Two politicians shaking hands. Observers in background

BLOOMBERG, SEPTEMBER 27, 2020 Saudi Arabia and Russia don’t agree on how to approach faltering oil demand. We’ve already seen where such a standoff can lead. By Julian Lee for Bloomberg – Oil producers could be set for another showdown before the end of the year, with heavyweights Saudi Arabia and Russia holding different views on how to approach the halting recovery in oil demand. …

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