brent crude
Are Russia and OPEC Forging an Unholy Alliance to Boost Oil Prices? Not Likely
A new global alliance to revive oil markets would mark a fundamental shift in the global politics of oil, bringing Russia into unfamiliar alignment with the 13-member Organization of Petroleum Exporting Countries in a bid to support falling prices.
Low Oil Prices in the New Year Are Screwing Petrostates
The combination of an oversupply of crude in world markets and diminishing international economic growth and demand has brought high anxiety to countries that rely on oil exports.
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