Frogfren17 ⚡️🐸 bitcoin liberation on Nostr: Saudi Arabia's state oil giant Aramco just made its biggest price cut in 26 years — ...
Saudi Arabia's state oil giant Aramco just made its biggest price cut in 26 years — slashing prices by $11 per barrel.
The last time they sold at a discount was the 2020 price war.
This is what happens when you decentralize oil. The glut is here. Competition is here. OPEC's power to dictate prices is finished.
Published at
2026-07-07 23:43:51 UTCEvent JSON
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"content": "Saudi Arabia's state oil giant Aramco just made its biggest price cut in 26 years — slashing prices by $11 per barrel.\n\nThe last time they sold at a discount was the 2020 price war.\n\nThis is what happens when you decentralize oil. The glut is here. Competition is here. OPEC's power to dictate prices is finished. \n\n",
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