Oil prices flatline as Saudi Arabia fails to prop up prices with heavy cuts
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Oil prices have failed to take off following OPEC's decision to sustain heavy output cuts and Saudi Arabia's call to unilaterally slash production.
Full ArticlePublished
Oil prices have failed to take off following OPEC's decision to sustain heavy output cuts and Saudi Arabia's call to unilaterally slash production.
Full ArticleOne of the most drastic production cuts of the past years, Saudi Arabia’s pledge of reducing its crude output by 1 million b/d in..
Saudi Arabia's attempt to shock oil markets and push oil prices higher appears to have backfired, with prices falling and Saudi..