Saudi Arabia and China Drift Apart on Oil


Saudi Arabia and China Drift Apart on Oil
—Liam Denning
The Wall Street Journal Europe
Jun 16 2015

One country looms over Saudi Arabia’s current pump-till-it- slumps oil strategy: China. Resurgent U.S. oil output has raised global supply. But China has long been the gorilla on the demand side, accounting for 48% of the increase in global oil…read more…

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