Post Profile






Russia, Saudi Oilfield Mismanagement Will Bring Back $100 Oil

Today, Russian President Vladimir Putin pledged to cooperate with Saudi Arabia's proposal to reduce oil production in an effort to boost oil prices. Bruce Pile says that Russia and Saudi Arabia may not have as much control over oil production as it appears. His analysis indicates that after years of Russian and Saudi mismanagement of their giant oilfields, production could fall enough to push oil back over $100/bbl within a reasonable time horizon for investors.
read more

share

Related Posts


Dropping Oil Prices And Sanctions Are Hurting Russia To The Tune Of $140 Billion

US Politics / Liberal : ThinkProgress: Justice

Russian President Vladimir Putin suggested that Saudi Arabia and the United States were trying to weaken the Russian economy by churning out a lot more oil than demand required, dropping the global price. The post Dropping Oil Price...

Crude oil is ripping higher after Putin says 'Russia is ready' to cap its production (USO, WTI, OIL, VDE, BNO)

Business & Finance : Business Insider: Money Game

Crude oil prices rose to their best levels of this year on Monday after more indications that major oil producers are willing to strike a deal on output. The Organisation of Petroleum Exporting Countries (OPEC) agreed at an informal...

Oil Spikes Above $50 As Russia, Saudis Hint At Output Freeze... Again

Business & Finance : Zero Hedge

Oil prices are rebounding from their Friday drop as first the Saudis, then Russia dropped more hints at the potential for maybe, possibly, kinda, sorta considering an output freeze... As Bloomberg reports, Russia, the world’s larges...

Russia says it supports OPEC plan to limit oil production

News : USAToday: News

Russian president says his country supports OPEC's agreement to trim production to support oil prices.        

Russia's Putin says Russian oil firms agree not to increase oil output in 2016

Business & Finance : Business Insider: Clusterstock

MOSCOW (Reuters) - Russian oil companies have agreed not to increase oil production this year following preliminary deal between Russia, Saudi Arabia, Qatar and Venezuela reached last month, President Vladimir Putin told a meeting w...

Comments


Copyright © 2016 Regator, LLC