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This OPEC deal shows that Saudi Arabia's oil strategy has 'backfired on them' - CNBC
CNBC | This OPEC deal shows that Saudi Arabia's oil strategy has 'backfired on them' CNBC The Saudis decided in November 2014 to allow an oversupplied oil market to balance on its own, rather than coordinating an oil output cut among OPEC members. The policy was designed to reduce supply by washing out high-cost producers — such as U.S. ... OPEC Agrees on Need to Cut Oil Output Oil price climbs 5% as Opec meets in Algeria OPEC Agrees to First Oil Output Cut in Eight Years |
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29.09.2016 (3146日前)
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