How Saudi Arabia Can Save the Global Oil Industry
An oil drilling rig stands on one of the Causeway islands in the Manifa offshore oilfield, operated by Saudi Aramco, in Manifa, Saudi Arabia. (Photographer: Simon Dawson/Bloomberg)

How Saudi Arabia Can Save the Global Oil Industry

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(Bloomberg Opinion) -- The global oil industry is on its knees. Without action from producers to reduce supply, the situation will get much worse as the world runs out of places to store crude pump...
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