Policing Opec’s Oil Deal Risks A Price Crash

Saudi Arabia is trying everything to make sure the latest oil deal sticks. When it doesn’t, the kingdom will be stuck between a rock and a very hard place.

Topics:  saudi arabia   oil deal   
BING NEWS:
  • FTSE 100 closes up, boosted by miners and the pound
    The oil price’s current level is at the mercy of OPEC and its current strategy of ‘price over volume ... the Conservative Party on 12 December and the recent ‘phase one’ US-China trade deal have ...
    01/17/2020 - 5:56 am | View Link
  • FTSE 100 pauses for breath; US benchmarks plough on
    The oil price’s current level is at the mercy of OPEC and its current strategy of ‘price over volume ... the Conservative Party on 12 December and the recent ‘phase one’ US-China trade deal have ...
    01/17/2020 - 3:18 am | View Link
  • Market Talk: US and China have signed the deal
    OPEC expects the US to take more of its market in 2020. The report suggests that with higher global growth the demand for oil will increase ... and bull run which formed in late August down in the ...
    01/15/2020 - 11:58 am | View Link
  • Oil Falls to the Lowest in Over a Month as Gulf Tensions Recede
    Oil settled at the lowest level since early December as geopolitical tension in the Middle East eased. Futures in New York fell 1.6% Monday. The threat of an outright war has receded since Tehran ...
    01/13/2020 - 7:28 am | View Link
  • The Story of Trump’s Perilous Iran Escalation
    That, in turn, was compounded by the plunge in oil prices since early 2014. Following the nuclear deal, Iran’s production soared back to 4 million barrels. With Trump’s efforts at regime change, the ...
    01/12/2020 - 2:34 am | View Link
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