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Saudi Arabia is positioning itself to supply more oil to Europe as traditional buyers of Russian barrels look to diversify ahead of looming sanctions in early December and analysis suggests the trend could become more pronounced in 2023
ReadThe media’s attention on the fraught ties between Saudi Arabia and the US belies the fundamental tension of the oil industry’s search to find the right price to encourage spending on projects while not choking off that same industry growth
ReadCommodities show little sign of shaking the bearish momentum amid a slew of economic warnings across the globe. Whether the market wants to push oil much below $90/b amid potential OPEC output cuts , looming Russian sanctions, and the end of SPR releases is...
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