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Tags : "European oil market"

A flood of $25-a-barrel Saudi Arabian oil is headed for

By Sherry Su and Javier Blas Saudi Arabia is unleashing a wave of crude toward Europe, traditionally the backyard for Russian oil sales, pledging to supply regional refineries with as much as triple their usual intake from the kingdom. The Saudi shipments, coupled with unprecedented discounts, are turning the European oil market into the most […]Read More