Michele Kearney's Nuclear Wire
Major Energy and Environmental News and Commentary affecting the Nuclear Industry.
Tuesday, December 29, 2015
Russia blames Saudis for low oil prices
Russia blames Saudis for low oil prices
Moscow (UPI) Dec 28, 2015 -
Russian Energy Minister Alexander Novak said in a television interview Monday
it was Saudi Arabia that was to blame for the collapse in crude oil
prices.
Despite last week's rally, Brent crude oil prices are down 36 percent
from this time last year and continue to hold beneath $40 per barrel.
High supply, despite the lower price for crude oil, and weak demand are
putting downward pressu ...
morehttp://www.oilgasdaily.com/reports/Russia_blames_Saudis_for_low_oil_prices_999.html
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