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Saudi Arabia Burns Through Cash Subsidies As Oil Prices Slide - Forbes
Forbes | Saudi Arabia Burns Through Cash Subsidies As Oil Prices Slide Forbes Its now infamous decision in November 2014 to abandon its role as swing producer and actually ramp up production as global oil supplies were increasing and prices were tanking has hurt itself as much or more than U.S. shale oil producers it wanted to ... Russia is planning for low oil prices for years Saudi Arabia finds a new, $15 billion way to battle oil cash crunch |
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