Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices

Report on Business

Economic Insight

Delving into the forces that shape our living standards
for Globe Unlimited subscribers

Entry archive:

Too early to tell if the Saudis have won this oil price war Add to ...

Subscribers Only

Oil prices reached almost $50 (U.S.) a barrel on Tuesday, a gain of more than 10 per cent in the past week, as oil traders bought into the theory that the OPEC free-for-all is about to end. But if OPEC heavyweight Saudi Arabia succeeds in pushing up prices, and they stick at $50-plus levels, will it be a winner or a loser?

Report Typo/Error

Follow on Twitter: @ereguly

Also on The Globe and Mail

What exactly is OPEC? (The Globe and Mail)

Next story

loading

In the know

The Globe Recommends

loading

Most popular videos »

Highlights

More from The Globe and Mail

Most popular