Amid Slump in Crude Due to Covid-19 Pandemic, Saudi Arabia Doubles Down on Oil to Outlast Rivals - Mkwebdeveloper Technical Mantra

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    Tuesday, 6 October 2020

    Home business Amid Slump in Crude Due to Covid-19 Pandemic, Saudi Arabia Doubles Down on Oil to Outlast Rivals

    Amid Slump in Crude Due to Covid-19 Pandemic, Saudi Arabia Doubles Down on Oil to Outlast Rivals

    With almost 20% of the world's proven reserves and production costs of just $4 a barrel, Aramco believes it can undercut competitors and carry on making money even when lower oil prices make it unprofitable for rivals, the sources said.

    from Top Business News- News18.com https://ift.tt/2GAi42Z
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