Saudi Arabia has no appetite for lower oil prices
Oil prices are rising again on Tuesday, building on the recovery at the start of the week following output warnings from Saudi Arabia. Considering what we've seen in oil markets this year, the repeated inability of producers to hit output targets and the record profits of oil companies, it's quite staggering that the largest member of the OPEC+ alliance is even considering cutting production to address the falling price.
It begs the question; eve
23-08-2022 09:00 GMT
by Craig Erlam
