Tag Archives: Saudi Arabia wary of costly slow response as China virus knocks oil: sources

Saudi Arabia wants global oil producers to agree a quick oil supply cut as China’s coronavirus knocks demand, aware that delays in the past led to costly price collapses, sources familiar with the kingdom’s thinking have told Reuters. Read more: China virus death toll tops 1,100 as new cases fall Riyadh has been working to convince Organisation of the Petroleum Exporting Countries …

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