Saudi Arabia floods globe to squeeze Russian share of oil market

Saudi Arabia floods globe to squeeze Russian share of oil market
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18.03.2020

MOSCOW (MRC) -- Saudi Arabia has stepped up efforts to squeeze Russia's Urals oil grade out of its main markets by offering its own cheap barrels instead after their long-standing deal to support global oil prices fell apart, reported Reuters with reference to seven oil sources.Cooperation between Moscow and Riyadh dramatically collapsed last week after Russia refused to support deeper oi

Full article at mrcplast.com

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