Siberian Surprise: The Numbers Behind Russia’s Oil Resilience
(Bloomberg – bloomberg.com – Dina Khrennikova – December 20, 2015) [Charts here bloomberg.com/news/articles/2015-12-20/siberian-surprise-the-numbers-behind-russia-s-oil-resilience] OPEC has been putting a squeeze on rival oil producers by refusing to cut production to curb a global oversupply. Russia has no intention of succumbing to the pressure. “I will tell you when Russian companies are for sure going to decrease production — when oil costs […]
» Read more