Saudi Arabia threatens to Privatize its Oil and Exit OPEC?

Saudi Arabia may actually be exiting OPEC. There are serious discussions about floating the state owned oil producer Aramco. Saudi Arabia attempted to get other oil producers around the world to agree to reduce production. Saudi Arabia is looking to float Aramco if the other producers fail to agree to cut production. The problem is that OPEC cannot reverse the trend in motion.

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Saudi Arabia threatens to Privatize its Oil and Exit OPEC?

Latest Posts

Japan, China, and South Korea Strengthen Ties Amid US Tariffs

Uptick in US Manufacturing

Democrats Sue to Permit Election Fraud

German Troops Move to Russian Border in Lithuania 1st Time Post-WWII

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