The arrest of more than 200 prominent Saudi citizens for alleged corruption has stoked a nascent rally in oil prices, providing support for LNG prices, which are often linked to those of oil.
Some of those being held in the purge are from the wealthiest scions of the royal family. A power struggle at the highest levels of the Saudi government will exacerbate the geopolitical uncertainties that have re-emerged recently as a key support for oil prices.
The main crude oil benchmark North Sea Brent hit a...
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