Why the new oil war is different from the last three
This is Riyadh’s fourth price war, but this one is likely to be longer
18 March 2020 - 11:21
How long can the vicious oil-price war between Saudi Arabia and Russia last? If history is any guide, the battle will be a long one.
Riyadh has waged four price wars, including the current one, over the past 35 years. All of them lasted at least a year, and prices plunged at least 50%...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.