SAUDI ARABIA
Saudi Arabia Again Denies Responsibility for Price Collapse
Saudi Arabia has again reacted to allegations that it is responsible for the collapse in oil prices by issuing a statement describing such accusations as false and asserting that Saudi oil policy is aimed at stabilizing the oil market and "working to raise oil prices to their former level in a gradual manner and by a joint decision."
The text of the statement - issued by the Saudi Press Agency and...
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