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Saudi Arabia Keeps Pumping Oil, Despite Financial and Political Risks - New York Times
New York Times | Saudi Arabia Keeps Pumping Oil, Despite Financial and Political Risks New York Times Oil provides more than 70 percent of Saudi government revenue. And though the Saudis still have about $630 billion in financial reserves, they are spending them at a rate of $5 billion to $6 billion a month, according to Rachel Ziemba, an analyst at ... Oil settles at $32.30, up 21% from recent closing low Coordinated Russian-Saudi Oil Output Cut Chatter Sounds Ridiculous Oil falls back after jumping on hopes of Russia, OPEC cooperation |
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