MANAMA: Plunging oil prices will cause excessive damage to the US oil sector, shows a report by a Bahrain-based think-tank.
The analytical report titled ‘Implications of the Corona Crisis: Oil Markets’, authored by Bahrain Centre for Strategic, International and Energy Studies (Derasat) researcher Abdulaziz Al Doseri suggests that there are limited instruments available to the US government to persuade Saudi Arabia to change the current price course .
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