Saudi Arabia’s Early Christmas Gift to Oil Markets Won’t Last
- Tuesday, December 6, 2016, 23:54
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Since Saudi Arabia pulled of its goal of reaching an OPEC oil production cut agreement, oil prices have spiked to one-and-a-half year highs. Now, a Saudi-led OPEC meets with Russia and other non-OPEC members on Saturday to bring them on board also. Even if Russia comes on-board, problems remain.
http://www.forbes.com/sites/timdaiss/2016/12/06/saudi-arabias-early-christmas-gift-to-oil-markets-wont-last/
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