The Saudi Dilemma: To Cut Or Not To Cut
Green Car Congress
DECEMBER 5, 2018
It seems like just yesterday when OPEC met in 2016 and decided to cut production by 1.8 In spite of reservations expressed by Nigeria and Libya, if Saudi Arabia managed to convince everyone to cut amid the major tensions with Iran ahead of the U.S. Production is also at record highs, like Russia’s was ahead of the first cuts in 2016.
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