Russia And Saudi Arabia Playing A Risky Game Ahead Of OPEC’s Meeting

Russia And Saudi Arabia Playing A Risky Game Ahead Of OPEC’s Meeting

Having suffered massive oil revenue shortages and budget deficits since the oil price collapse in 2014, Russia and Saudi Arabia have now agreed to cooperate on stabilizing the oil market. What this “cooperation” will actually mean – freezing production levels, cutting them, ramping them up or keeping the status quo, remains to be seen. The […]