Energy fellow Jim Krane comments on OPEC's preliminary agreement to cut the cartel's oil production for the first time in eight years. One Saudi oil minister suggested the country's price war with U.S. shale drillers had not completely succeeded.
Krane said that "shale has been stubborn. Saudi Arabia accomplished some if its goals, but it's also made shale a more formidable competitor."
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Neal F. Lane
Sep 29 2020 | Science & Technology Policy
Kristian Coates Ulrichsen
Sep 28 2020 | Center for the Middle East