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

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 […]

Published February 22, 2016

By LizOutLoud

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

      

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