After a tense weekend meeting of the Organization of Petroleum Exporting Countries and their allies (OPEC+), Saudi Arabia announced it would pare back its oil production by one million barrels per day in an attempt to push crude prices higher.
Tag: Saudi Arabia
BYE, BYE USA: SAUDI’S SHIFTING EAST
Saudi Arabia is continuing its shift from the West after its cabinet last week approved the move to become a dialogue partner of the Shanghai Cooperation Organization, which was set up to rival the North Atlantic Treaty Organization, or NATO.