Insight - Saudi Arabia’s double-edged gift for US shale


But there is one other group that benefits, one that haunts rather than sits at the Opec table: US oil companies.

SAUDI Arabia certainly put the “rollover” in, well, rollover on Tuesday.

Having spent most of 2020 playing disciplinarian in the Opec+ group, the oil giant took the hit itself at the end of the latest meeting.

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Insight , oil , Saudi Arabia , Opec+ , production , US , shale ,

   

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