WASHINGTON—A group of Energy Department officials are pushing the Trump administration to forge an oil alliance with Saudi Arabia, a partnership supporters say could join the world’s two largest oil-producing nations and pave the way for the Saudis to leave OPEC, according to people familiar with the situation. Backers of the plan say it would help stabilize global crude markets, preventing more crashes like the one that has led to prices plunging 60% since January. It also could head off potentially stronger ties between...

Source: Wall Street Journal March 20, 2020 16:56 UTC