bashneft
OPEC sights set for now on $50-60 per barrel oil: PIRA’s Ross
October 4, 2016 by creative · Leave a Comment
OPEC producers have their sights set on a sustained oil price of $50-$60 per barrel, a modest ambition for the first cut in supply by the oil exporting group in eight years, says one of the industry's top forecasters. Benchmark U.S. oil prices have risen around $4, or around nine percent, to over $48 per barrel since the Organization of the Petroleum Exporting Countries (OPEC) agreed last week to …
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OPEC sights set for now on $50-60 per barrel oil: PIRA’s Ross
bashneft
How the oil collapse stole Russia’s Christmas
January 11, 2016 by elegant · Leave a Comment
LONDON/MOSCOW (Reuters) – A plunge in the oil price to 12-year lows during Russia's New Year and Orthodox Christmas break means the country returns to work on Monday with its economic recovery and once-mighty savings war chest on the line. Crude's collapse from $100 a barrel since mid-2014 has already pummeled Russia, which relies
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How the oil collapse stole Russia’s Christmas