Can Russia, Saudi Arabia Strike New OPEC+ Deal with US Help?
As the OPEC+ deal has expired, Russia and Saudi Arabia remain at odds,... ... production cuts might be negotiated The Russian-Saudi feud over oil production has destabilized the market even as the industry ... ... demand and the potential for a legion of layoffs because of the coronavirus pandemic. On the heels of plummeting prices, the market ... ... margin to finance our obligations. … The current prices in the oil market suggest our reserves could be enough for six years ...
03.04.2020