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Saudi Arabia and Russia stuck in unlikely oil alliance - Financial Times
Financial Times | Saudi Arabia and Russia stuck in unlikely oil alliance Financial Times An oil alliance between Saudi Arabia and Russia was once deemed unthinkable. Now a prolonged partnership looms in the face of their shared adversary — the oversupply created by the rise of the US shale industry. The two oil superpowers, which pump ... The US shale business undercuts the biggest global alliance, leading oil analyst says Oil on track for 3% weekly loss OPEC ponders how to co-exist with US shale oil |
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