View full page at energyexch.com

 

Russia Political Analyst Predicts Agreement With Saudi Arabia Over Output Cuts

From forbes.com

Kirill Zadov, a political analyst at RUSA Radio, joined the Contrarian Investor Podcast this week for a special edition episode focused on the sell-off in oil markets. Zadov’s insights can only be seen as bullish for oil prices in the medium term. Russia and Saudi Arabia should reach an agreement to cut output “within two weeks,” so by about March 23, he said. The price of oil should not drop below about $25 per barrel in the interim. Russian President Vladimir Putin and Mohammed bin Salman, the crown prince of Saudi Arabia, have a “pretty good” relationship and “should come to terms” in “two weeks,” Zadov said on ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis