"> Russia Archives - Sahel Standard
August 3, 2020
Home Posts tagged Russia
Business News Top Stories
ALGIERS- Algeria, currently taking on the chairmanship of the Organization of the Petroleum Exporting Countries (OPEC), insisted Thursday on the need to fully implement the agreement on reduction of oil production while affirming its commitment to cutting its output as from tomorrow.    “In the face of unprecedented difficulties facing the oil market, it is […]Continue Reading
Business Commentary Features Health Politico Top Stories
Reconsidering US Sanctions Policy Amid the Coronavirus and Oil Market CrashBy Richard Nephew For energy markets, the profound economic disruptions caused by the coronavirus have broken the arrangements of the OPEC+ oil exporters to limit production, as Russia and Saudi Arabia failed to agree on production caps. Oil prices plunged as producers ramped up output, […]Continue Reading
Business Commentary Features Politico Top Stories
by  Alex Christoforou One might reasonably posit that when Crown Prince Mohammed bin Salman (MbS) signalled that Saudi Arabia was once again going to produce oil to the maximum to crash oil prices in a full-scale oil price war, Russian President Vladimir Putin probably fell off the horse he was riding bare-chested somewhere in Siberia […]Continue Reading
Business Commentary Features Politico Top Stories
By Paul Cochrane Saudi Arabia’s move to slash prices, prompted by a row with Russia, could devastate its own revenues, derail its Vision 2030 plans and antagonise its allies. So why did Riyadh do it? In 1985, US Vice President George HW Bush visited Saudi Arabia to pressure the kingdom to flood the global market with […]Continue Reading