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Saudi Arabia's Potential Oil Ramp

This is a Saudi Arabia news story, published by financialpost, that relates primarily to Pamela Heaven news.

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supply oil prices

financialpost

financialpost

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Posthaste: Oil prices could be cut in half if the Saudis open the taps, warn economists

financialpost

Summary

Nutrition label

73% Informative

Saudi Arabia has the means, motive and opportunity to reverse its oil policy as it did in the price wars of 1985 and 2015 .

Capital Economics sees a 30 per cent of Saudi ramping up production by the end of next year .

OPEC+ alliance, which includes Saudi Arabia and Russia , agreed to extend output cuts until December .

Today ’s Posthaste was written by Pamela Heaven , with additional reporting from Financial Post staff, The Canadian Press and Bloomberg .

Have a story idea, pitch, or a suggestion for this newsletter? Email us at [email protected]. Don’t miss the business news you need to know.

VR Score

78

Informative language

79

Neutral language

38

Article tone

formal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

16

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