OPEC says the kingdom's July output rose to nearly 11 million barrels as it focused on market share over prices, The Wall Street Journal Reports.
“It almost seems like the stars are aligning for some sort of Iranian-Saudi cooperation,” said Jim Krane, the Wallace S. Wilson Fellow for Energy Studies. “Their interests are converging.”
The Wall Street Journal (subscription required): http://on.wsj.com/2aQeSO6.
Tony Payan , Jose Ivan Rodriguez-Sanchez
Apr 09 2021 | Center for the U.S. and Mexico
Jim Krane , Kenneth B. Medlock III , Michael D. Maher , Peter Hartley
Apr 09 2021 | Center for Energy Studies