Gulf Six unilaterally raise the posted price of Saudi Light marker crude 17 percent from $3.12 to $3.65 per barrel
Monday Oct 8, 1973 Arabian Peninsula
The Gulf Six (Iran, Iraq, Abu Dhabi, Kuwait, Saudi Arabia, and Qatar) unilaterally raise the posted price of Saudi Light marker crude 17 percent from $3.12 to $3.65 per barrel and announce production cuts.
