A Saudi-Iran Oil War Could Break Up OPEC

Posted by Irina Slav

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Irina Slav of OilPrice.com comments on the increased tension between Saudi Arabia and Iran.

When OPEC and Russia shook on increasing crude oil production by a million barrels daily to stop the oil price climb that had begun getting uncomfortable for consumers from Asia to the United States, there was no sign of what was to come just two months later: slowing demand in Asia, ample supply, and a brewing price war between Saudi Arabia and Iran…. CLICK for complete article

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