Posts Tagged
Russian Energy Minister Alexander Novak
OPEC and Russia Ready to Extend Oil-Supply Cuts Until End-2018
published Nov 29, 2017 4:39:17 PM, by Grant Smith, Salma El Wardany and Nayla Razzouk (Bloomberg) — OPEC and Russia are ready to extend their oil production cuts until the end of next year to ensure global stockpiles keep falling and prices maintain recent gains. All OPEC members and Russia,
If Oil Prices Have Hit Bottom, the Top May Not Be Too Far Away
©2016 Bloomberg News O41FLP6S972G (Bloomberg) — The top of the oil market may be closer than you think. With Brent futures having bounced back to $40 a barrel, the International Energy Agency sees “light at the end of the tunnel,” and Goldman Sachs Group Inc. is spotting “green shoots.” Even