Saudi Arabia Warn Iran that it could Raise Oil Output to Crash Oil Prices

Saudi Arabia Warn Iran that it could Raise Oil Output to Crash Oil Prices

Saudi Arabia Warn Iran that it could Raise Oil Output to Crash Oil Prices“The Saudis have threatened to raise their production to 11 million barrels per day and even 12 million bpd, bringing oil prices down, and to withdraw from the meeting,” one OPEC source who attended the meeting told Reuters.

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