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Is A New Oil Price War Between The West And OPEC About To Break Out?

From ZeroHedge

Authored by Simon Watkins via OilPrice.com, Saudi Arabia’s past oil price wars in 2014–2016 and 2020 backfired, as U.S. shale producers became leaner and more efficient. Riyadh drained hundreds of billions in reserves and faced rising fiscal deficits without achieving […]

Jun 3rd 2025 3:40pm EDT

Source Link: https://www.zerohedge.com/energy/new-oil-price-war-between-west-and-opec-about-break-out

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Jana Hilll 7mo ago

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