Wednesday, February 24, 2016

Guest Post: Oil Producers Must Adapt Or Die

Oil price plunges after Saudi oil minister Ali Al-Naimi rules out production cuts

OPEC and other key producers will meet once again in March to further discuss their proposal to freeze output, according to Saudi Arabian oil minister, Ali Al Naimi. As oilsands punished, tanker loads of cheap Saudi oil sail into Canadian ports daily Claudia Cattaneo: ‘Where is the political outrage over oil imports from rogue nations with…