(Bloomberg) — The U.S. stepped up pressure on Saudi Arabia to seal a historic deal to cut oil production as negotiations that President Donald Trump himself has brokered dragged on for a third day.Talks aimed at ending a price war that’s savaging the U.S. oil industry and threatening petrostates’ budgets continued Saturday as Mexico and Saudi Arabia refused to budge. In an attempt to move negotiations along, a group of Republican senators from oil-drilling states such as Texas spoke to the Saudi oil minister by conference call.“The Saudis spent over a month waging war on American oil producers, all while …read more
Source:: Yahoo Finance
