Will Saudi Arabia and Russia’s Oil Cuts Be Enough to Support Prices?

On Tuesday, the world’s two largest oil producers said they would extend voluntary oil cuts until the end of this year, a decision that boosted energy prices. The announcement from Saudi Arabia and Russia sent Brent crude to a 10-month high. It comes months after OPEC and its allies agreed to cut production voluntarily to … Continue reading Will Saudi Arabia and Russia’s Oil Cuts Be Enough to Support Prices?