Saudis Escalate Price War With Huge Output Hike, Russia Follows
An advertisement for the Saudi Aramco initial public offering at the Corniche coastline in Jeddah, Saudi Arabia, on Nov. 8, 2019. (Photographer: Rodney Jefferson/Bloomberg)

Saudis Escalate Price War With Huge Output Hike, Russia Follows

(Bloomberg) -- Saudi Arabia escalated its oil price war with Russia on Tuesday, as its state-owned company pledged to supply a record 12.3 million barrels a day next month, a massive increase to fl...
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