A Flood of $25-a-Barrel Saudi Arabian Oil Is Headed for Europe

Saudi Arabia is unleashing a wave of crude toward Europe, traditionally the backyard for Russian oil sales, pledging to supply regional refineries with as much as triple their usual intake from the kingdom.
https://www.bloomberg.com/news/articles/2020-03-11/a-tsunami-of-25-a-barrel-saudi-arabian-oil-is-headed-for-europe