Saudis Walk Away From Russia, Oil Talks Fall Apart |
| November 26, 2016 | November 2016 Bond Updates |
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Saudi Arabia has pulled out of upcoming talks with non-OPEC members, including Russia, over disagreements on how to share the burden of oil production cuts. The break comes just days ahead of a much-touted and critical OPEC oil production meeting in Vienna. Oil prices reacted to the troubling news, posting their biggest percentage loss in two months. |
| View more at: http://www.forbes.com/sites/timdaiss/2016/11/25/saudis-walk-away-from-russia-oil-talks-fall-apart/ |
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