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At Oil Producers' Meeting, Tough Talk Fails to Convince Markets - New York Times
New York Times | At Oil Producers' Meeting, Tough Talk Fails to Convince Markets New York Times When major oil producers met in St. Petersburg, Russia, on Monday, the talk was tough. Officials hoped to show they were following through on plans to cut production and, in turn, bolster prices. The oil minister of Saudi Arabia, the world's biggest ... Oil prices will be stuck below $60 through 2020, Credit Suisse forecasts Saudi Arabia cuts oil exports to US as glut drives down prices Saudis and Russians threaten to step up oil deal battle |
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