Can Russia, Saudi Arabia Strike New OPEC+ Deal with US Help?
As the OPEC+ deal has expired, Russia and Saudi Arabia remain at odds, though the United States offered encouraging words that production cuts might be negotiated The Russian-Saudi feud over oil production has destabilized the market even as the industry faces anemic demand and the potential for a legion of layoffs because of the coronavirus pandemic. On the heels of plummeting prices, the market rallied April 2 ...
03.04.2020