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Minggu, 17 April 2016

Saudi Arabia sounds like it wants a price war

The chance of an oil output freeze agreement in Doha looks remote

If oil producers announce a freeze on Sunday, it won’t include Saudi Arabia.

The latest comments from Saudi Price Mohammed bin Salman make a deal highly unlikely. He said Saudi Arabia will not agree to a freeze unless Iran does the same. Iranian leaders aren’t even attending the summit so there’s no chance they will participate.





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