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Strategies & Market Trends : Dino's Bar & Grill
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To: Goose94 who wrote (79315)3/10/2020 3:04:47 PM
From: Goose94Read Replies (2) of 202704
 
Crude Oil: Price War Has Only Just Begun

Saudi Arabia to increase production to 12.3 mb/d In April, Saudi Aramco said it would increase production to 12.3 mb/d. Output will be “300,000 barrels per day over the company’s maximum sustained capacity of 12 million bpd,” Aramco chief Amin Nasser said in a statement received by Reuters. The move marks a major escalation in the price war.
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