The Saudis said the 1 million bpd cut is a gift "to support the market" but it looks more like capitulation to a Russian oil ministry that drove a hard bargain.
Oil Prices Rise On 'Surprise' Saudi Production Cut, But Can The Rally Last?
Forbes - 5 Jan 2021 22:27
The Saudis said the 1 million bpd cut is a gift "to support the market" but it looks more like capitulation to a Russian oil ministry that drove a hard bargain.
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