Do Saudi Arabia, Russia Target US Shale Industry? – Analysis

Eurasia Review


Oil giants Saudi Arabia and Russia remove checks from oil production levels, damaging the indebted US shale oil industry.

By Dilip Hiro*

Since 2016, as informal leader of the 13-strong non-OPEC group, Russia has been instrumental in the pricing of oil as Saudi Arabia, leading producer in the Organization of Petroleum...

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