Monday, 9 November 2015

Saudi Arabia will not stop pumping to boost oil prices - FT.com

Saudi Arabia will not stop pumping to boost oil prices - FT.com:

"Saudi Arabia is determined to stick to its policy of pumping enough oil to protect its global market share, despite the financial pain inflicted on the kingdom’s economy.
Officials have told the Financial Times that the world’s largest exporter will produce enough oil to meet customer demand, indicating that the kingdom is in no mood to change tack ahead of the December 4 meeting in Vienna of the producers’ cartel Opec."



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