What the Saudi Oil Price Cut Means for U.S. Producers

Crude oil prices made a sharp reversal today on two new developments ... After two punishing days of declines, the price of oil jumped nearly $2 a barrel shortly after 11 a.m. following unconfirmed reports of an oil explosion in Saudi Arabia. The post What the Saudi Oil Price Cut Means for U.S. Producers appeared first on Money Morning - Only the News You Can Profit From .
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