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Saudi Arabia's new trick is turning off the US oil tap - Economic Times
Economic Times | Saudi Arabia's new trick is turning off the US oil tap Economic Times This is crucial, because the failure to drain US. storage tanks has been a major factor in driving down oil prices. "Exports to the US. will drop measurably," Saudi oil minister Khalid Al-Falih said in May. The kingdom is now making good on that promise. Crude Oil Market Shows Signs Of Rebalancing IMF sees 2017 Saudi growth 'close to zero' on oil prices, cuts IMF expects increase in Saudi non-oil economic growth |
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