Saudi Arabia delays setting May prices, looks to OPEC meeting to settle price war
A sticker reads crude oil on the side of a storage tank in the Permian Basin/ DUBAI (Reuters) - Saudi Arabia is taking unprecedented action in delaying the release of its international crude selling prices by five days, a senior Saudi source familiar with the matter said on Sunday, as the kingdom and other major producers seek to halt the free-fall in worldwide crude prices. But oil prices fell anew at the open of Asian trading as the weekend did not bring major producers Saudi Arabia, Russia and the United States any closer to resolving a ...
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