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Saudi Arabia Is Winning Its War Against The U.S. Oil Industry - FiveThirtyEight
FiveThirtyEight | Saudi Arabia Is Winning Its War Against The U.S. Oil Industry FiveThirtyEight A bit over a year ago, Saudi Arabia declared war on the U.S. oil industry. This week brought new signs that the Saudis might at last be winning. Some quick background: Saudi Arabia has long played the role of the “swing producer” in the oil market ... Here's the Real Problem with Oil US crude rises 6% on hopes for production cuts Oil prices jump but weekly losses and physical excess loom |
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