Saudis Offer Carrot and Stick to Get OPEC to Defend Oil Prices
An OPEC logo sits on a sign outside the 169th Organization of Petroleum Exporting Countries (OPEC) meeting in Vienna (Photographer: Akos Stiller/Bloomberg)

Saudis Offer Carrot and Stick to Get OPEC to Defend Oil Prices

(Bloomberg) -- Saudi Arabia, the dominant force in OPEC, is using both carrot and stick to talk other members of the oil cartel into defending prices at Thursday’s ministerial meeting.
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