Tag: Impact of Saudi Arabia on oil prices
How to Identify Signs of Saudi Arabia Flooding Market with Cheap Oil | Forexlive
Saudi Arabia is considering increasing oil production, as reported by Dow Jones and Market Watch. This move could potentially flood the market with cheap oil. The reason behind this possible decision lies in the...
Saudi Arabia Raises Oil Prices for Asian Buyers, Exceeding Expectations | Forexlive
Saudi Arabia surprised the market by increasing oil prices for Asian buyers more than expected. According to a report by Bloomberg, Saudi Aramco raised the official selling price of its key Arab Light crude...