According to a recent Reuters report, citing sources within OPEC, the Saudis have threatened to raise their production to 11 million barrels per day (bpd) and even 12 million bpd, bringing oil prices down, and to withdraw from the upcoming OPEC Vienna meeting.
How wise a strategy is this? And who will it affect most? Trend News Agency spoke about the matter with Sijbren de Jong. The full article can be read here.
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