Oil prices soar after Saudi oil refinery crisis

CGTN Africa

316K subscribers

As unfortunate as the attacks on Saudi Arabia’s oil facilities might be, for some oil producing countries, it’s an opportunity to ramp up production and take advantage of the current global spike in price of oil. It’s especially so for oil producers in Africa, whose national budgets have been threatened by low oil prices. Here is CGTN’s Deji Badmus with more on that story.

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