Now it’s the Saudis talking about increasing oil production
Yesterday, Russia sent oil prices tumbling by saying that it might be time for OPEC and its allies (including Russia) to revisit current production cuts. Today, it’s Saudi Arabia. “I think in the near future there will be time to release supply,” said Saudi Energy Minister Khalid  Al-Falih. U.S. benchmark West Texas Intermediate fell to close down 4.41% today at $67.59. The international Brent benchmark dropped 3.2% to $76.27
