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Saudi Arabia Faces New Oil Threat After Shale Battle Is Won

by thenational.ae posted 2years ago 8762 views
<span style="line-height: 20.8px;">It won&rsquo;t be regional rival Iran, a resurgent Iraq or long-standing competitor Russia. The answer will be more prosaic:&nbsp;Even when overproduction ends, a stockpile surplus of more than 1 billion barrels built up since 2014 will remain, weighing on prices.</span>