De facto Opec leader will push other countries to rein in oil output before Aramco’s IPOSaudi Arabia is planning to use its position at the head of the Opec oil cartel to buoy global oil prices before the $25bn stock market debut of its state-owned oil giant.The Organization of the Petroleum Exporting Countries is due to meet its oil market allies this week to agree the cartel’s oil production policy for 2020. Continue reading…
Via: Saudi Arabia aims to buoy oil price before Aramco stock market debut

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