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Saudi Motives for 2020 Shakedown Revealed

Date
Friday, April 07, 2023 - 10:23 AM
Description
Oil futures crashed in March 2020 on the heels of the initial spread of Covid-19 as Saudi Arabia flexed its oil producing muscles, amidst an output dispute with Russia, thereby flooding markets and cementing their role as de facto OPEC+ leader.

Saudi Net Reserves Fall to $410B

Date
Monday, May 29, 2023 - 5:52 AM
Description
Saudi Arabia's foreign reserves fell in April to the lowest in more than 13 years.