| 08.09.2016 - OPEC's dire finances fuel oil freeze talks |
| Price wars can be painful -- even for the mighty OPEC. That's why the oil cartel, along with Russia, is once again entertaining a freeze in production aimed at putting a floor beneath low prices. The goal is to keep prices high enough to give oil-reliant countries a financial boost, but not so high that they encourage their chief rival -- American shale oil producers -- to start pumping aggressively again...............................................Full Article: Source |