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Saudi's increase European oil discounts to fend off Iran

Discussion in 'Market News' started by ForexLive, Jan 5, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Saudi Arabia look to tighten their grip on market share with Iran set to start up oil exports The WSJ report that the Saudi's cut the price of oil to Europe today via increased discounts in an effort to keep buyers away from Iranian oil that is expected to start being exported later this year

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