Oil
The Saudis' U-turn
Saudi Arabia has signalled that it is going all out for a historic turnaround to lower oil prices. Is it all about pleasing Trump?
5/6/2025
Riyadh outlined its new policy last weekend by urging OPEC+ to increase crude oil production again. But how it will turn out remains deeply uncertain.On the face of it, this astonishing turnaround is aimed at punishing other members and allies of the Organisation of the Petroleum Exporting Countries that have flouted their production quotas,…
