Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?
Green Car Congress
OCTOBER 20, 2015
November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. Venezuela, an OPEC member, has even proposed an emergency summit meeting. This apparent bravado notwithstanding, the two countries’ entry into the low-price Crudedome is ravaging their economies.
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