Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?
Green Car Congress
OCTOBER 20, 2015
Venezuela, an OPEC member, has even proposed an emergency summit meeting. and China markets, while the Russian Finance Ministry recently backed away from a tax proposal which Russian crude producers said would reduce their output. Pegged to the US$, Saudi crude, priced in US$ will become more expensive for the Chinese.
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