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Saudi Arabia Keeps Pumping Oil, Despite Financial and Political Risks

Even as petroleum prices plummet and the kingdom burns through its financial reserves, the Saudis are betting they can win an oil war of attrition. [Source]

Publication Date:

Origin: nytimes.com

Category: Organization of the Petroleum Exporting Countries

Topics: attrition, betting, Saudis, reserves, financial, through, burns, kingdom, plummet, prices, petroleum, Risks, Political, Financial, Despite, Pumping, Keeps, Arabia, Saudi

Source: http://rss.nytimes.com/c/34625/f/640350/s/4d2f5609/sc/24/l/0L0Snytimes0N0C20A160C0A10C280Cbusiness0Cenergy0Eenvironment0Csaudi0Earabia0Ekeeps0Epumping0Eoil0Edespite0Efinancial0Eand0Epolitical0Erisks0Bhtml0Dpartner0Frss0Gemc0Frss/story01.htm