Global Oil Supply to Outstrip Demand on Record U.S., Russia, Saudi Production

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Oil production from Saudi Arabia, Russia and the U.S. is holding global supply steady

 

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as usual oil price dictates what the news is...

Och how coincidental and convenient that Iran has just been embargoed out of the equation...

Whew, that's a relief cuz in 2009 they jacked up prices at the pump claiming we were tapped out.

And yet the price is so high! Why?

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