| Saudi Arabia may finally be willing to work with producer nations to put a floor under oil prices after allowing market forces to determine the cost of a barrel of crude since November 2014, according to Jan Stuart, global energy economist at Credit Suisse.
In fact, the nearly 2-year-old policy, which has sent benchmark crude prices as low as $26 a barrel and hammered the kingdom's competitors, is not incompatible with intervening in oil markets, Stuart said...............................................Full Article: Source
|