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Oil price to remain low in 2016, says Total boss - BBC News
BBC News | Oil price to remain low in 2016, says Total boss BBC News This has hit not just the oil industry, but also oil-exporting countries. Many big oil producers such as Libya, Algeria, Nigeria and Venezuela need an oil price well above $100 a barrel to balance their budgets. With the price down near $40, they are ... Oil under $40 barrel on OPEC production, could hit $20s in 2016 Brent crude hits six-year low as oil rout continues – business live Oil Trades Lower After OPEC Meeting |
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