Noticias - Asia

24 May 2016 | Medio Oriente

Saudi Arabia’s Economic Plan Shows It’s Just Not That into OPEC

(Bloomberg) — Saudi Arabia, one of the founders of OPEC, is sounding the group’s death knell. The world’s biggest crude exporter has already undermined OPEC’s traditional role of managing supply, instead choosing to boost output to snatch market share from higher-cost producers, particularly U.S. shale drillers, and crashing prices in the process. Now, under the... Leer más