Next oil price war: Saudi Arabia vs Russia

By World Tribune on April 11, 2017   Africa / Europe, BB Middle East, Exclusives, Mideast, Rest of The Best, Russia, Saudi Arabia, Top Stories, World Links, World Tribune  

by WorldTribune Staff, April 11, 2017 With the second shale boom creating lower demand for its oil in the U.S., and new players entering the Asian market, Saudi Arabia is seen looking for a confrontation with Russia for European oil market supremacy, analysts say. Saudi is currently ranked fourth in oil supply to Europe, behind […]