Showing posts with label Saudi arabia. Show all posts
Showing posts with label Saudi arabia. Show all posts

Tuesday, February 16, 2016

Oil Freeze Agreed

OPEC production freeze at Jan level, Oil was up 6%, now 1%

Qatar, Saudi, Russia, Venezuela, Nigeria: account for 27% of production#WTI

— Lawrence McDonald (@Convertbond) February 16, 2016
Let us see how this pans out in reality, given that Saudi Arabia and Russia are about to go toe to toe in Syria!