For OPEC, Path From Oil Freeze to Output Cuts Is Far From Clear

For OPEC, Path From Oil Freeze to Output Cuts Is Far From Clear

February 22, 2016
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By hellenicshippingnews Saudi Arabia said its accord with Russia to cap oil production was “the beginning of a process,” but the path from a freeze to the output cuts needed to eliminate a global surplus is far from clear. When Saudi Oil Minister Ali al-Naimi hinted that the agreement in Doha was a prelude to “other steps,” … Read full story ›

Source:: Hellenic shipping news Oil