Monday, 18 April 2016

Five questions in the wake of Doha - FT.com

Five questions in the wake of Doha - FT.com:

"Talks between some of the world’s biggest oil producers on a deal to freeze output collapsed on Sunday evening after Saudi Arabia insisted Iran, a fierce regional rival, be part of any agreement. Here are five questions oil market participants will now be asking.
How far will the price of oil fall?

Crude oil has jumped more than 40 per cent since mid-February when Saudi Arabia, Russia, Venezuela and Qatar first announced plans for an output freeze. While other factors have played a part in driving prices back above $40 a barrel there’s no doubt the prospect of the first global oil deal in 15 years was a key driver."



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