英语阅读为何沙特阿拉伯会发动石油价格战

Oilpriceshadoneofthebiggest-everfallsonMonday,takingthepriceofBrentcrudetonearly$30abarrel.BehindthiswasaneffectivecollapseofanagreementbetweenOPECandRussiatoenactproductioncutstosupportthemarket.

SaudiArabia,OPEC’sdefactoleader,wanteddeeperandmoreprolongedcutstocountertheeffectofthespreadofcoronavirusondemand.

TheInternationalEnergyAgencysaidthisweekthatoilconsumptionisexpectedtocontractthisyearforthefirsttimesince.Despitethis,RussiadidnotwanttoteamupwithOPEC,believingthebiggercutstoproductionwouldonlypropelrivalU.S.shaleproducers.

Sowhathappenednext??

SaudiArabiastartedapricewar.Evenastheworldrequireslessoilfromglobalproducers,thekingdomsaiditwouldputanother2.6millionbarrelsadayintotheoilmarket.Thistriggeredatit-for-tatresponsefromrivals.RussiasaiditwouldaddmoreoilintothemarketandsodidtheU.A.E.It’sthefirsttimesincethesthatwe’reseeingsuchaseveredemandshocknow

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