Saudi Arabia makes biggest oil price hike in 20 years after Opec+ cuts - Livemint 08-Jun-2020

Saudi Arabia makes biggest oil price hike in 20 years after Opec+ cuts - Livemint


The steepest jump will hit July exports to Asia, state producer Saudi Aramco’s largest regional market.The sharp price increases show that Saudi Arabia is using all the tools at its disposal to turn around the oil market after prices plunged into negative ter…

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