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Author Topic: Saudi Arabia Throws Down Gauntlet To Russia. Raises Crude Oil Supply To Record High  (Read 464 times)

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Offline Lando Lincoln

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Saudi Arabia Throws Down Gauntlet To Russia. Raises Crude Oil Supply To Record High
« on: March 10, 2020, 02:40:11 pm »
Saudi Arabia Throws Down Gauntlet To Russia. Raises Crude Oil Supply To Record High.
The Daily Wire
Hank Berrien
March 10, 2020

On Tuesday, Saudi Arabia ratcheted up its oil war with Russia, announcing it would raise its crude supply to a record high in April. Yahoo Finance reported, “Amin Nasser, CEO of Saudi Aramco said the oil giant would increase supply to 12.3 million barrels per day (bpd) in April for customers inside the kingdom and abroad. That’s 300,000 bpd above its maximum production capacity, indicating Aramco may also free up crude from storage.” The two countries had initiated a price war because of weak demand triggered by the impact of the coronavirus.

https://www.dailywire.com/news/saudi-arabia-throws-down-gauntlet-to-russia-raises-crude-oil-supply-to-record-high
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Offline thackney

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Re: Saudi Arabia Throws Down Gauntlet To Russia. Raises Crude Oil Supply To Record High
« Reply #1 on: March 10, 2020, 03:02:41 pm »
About time to fill up the SPR.
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