Is Saudi Arabia Restarting The Oil War?

Saudi Arabia’s oil giant Aramco has just announced the pricing for its oil for May, with deeper discounts for customers in Asia for the second month in a row, despite Sunday’s historic global production cut deal. Aramco has delayed the announcement of its official selling prices (OSPs) for May several times in the past few days while producers were trying to unlock the ‘Mexican standoff’ in the talks on a 10-million-bpd production cut deal. After the deal was sealed on Sunday, Saudi Arabia’s state oil giant…