Saudi-Russia Oil Policy Shift

May.28 — Oil is heading for its longest run of losses in almost four months as Saudi Arabia and Russia discuss reviving output. That comes as they aim to ease consumer anxiety after prices jumped to levels last seen in 2014. Russian Energy Minister Alexander Novak says no one in OPEC is interested in seeing an overheated market. He spoke to Bloomberg’s Annmarie Hordern at the St. Petersburg International Economic Forum. …read more

Source:: Yahoo Finance


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