Saudi Arabia and the United Arab Emirates are spearheading an OPEC effort to extend oil cooperation with Russia for at least three years and perhaps
Saudi Arabia announced Wednesday afternoon it is suspending oil shipments through the Red Sea after a Saudi oil tanker was attacked and damaged by Houthi
Over the weekend, talks in Doha between the world’s largest oil producers ended without an agreement to limit production and supplies. Oil ministers from 16
This is going to be a very brief update and I apologize.
As oil prices continue to tumble it is time to look at the consequences this situation is starting to bring. First off, it’s worth mentioning that the oil price fall-off is not the only game piece bringing about the volatility in financial markets…….
Faster than you can say ‘Yeb vas’ the Russian ruble has gone from being in an exceptionally negative position to the verge of total collapse.