Saudis’ war on the oil markets targets U.S. frackers, Iran, Venezuela

Saudis’ war on the oil markets targets U.S. frackers, Iran, Venezuela

Special to WorldTribune.com Saudi Arabia is going all out in its war on U.S. shale oil and to preempt the return of Iran’s oil production after sanctions are lifted. Even as the price of crude sunk below $40 per barrel, the Saudis and OPEC decided on Dec. 4 to increase production by 31.5 million barrels […]