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Saudi Arabia And Iran Reignite The Oil Price War

Green Car Congress

AUGUST 15, 2018

The two countries are currently reigniting the market share and pricing war ahead of the returning U.S. The Saudis are also cutting their prices to the prized Asian market to lure more customers as they increase supply. a barrel above the Dubai/Oman average , used for pricing oil to Asia. sanctions on Iranian oil. to US$1.20

Saudi Arabia 150
Saudi Arabia Iran Oil Prices Oil 150
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Oil Prices Running Out Of Reasons To Rally

Green Car Congress

JANUARY 13, 2017

At the start of 2017, there are two major dynamics at play occurring at the same time, each pushing in opposite directions on the market. The OPEC deal is slated to take oil off the market, while US drilling is expected to add new supply. Iraq is committed to achieving producers’ joint goals to control the oil glut in world markets.”.

Oil Prices 150
Oil Prices Oil Price Saudi Arabia 150
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