Oil At $30
January 19, 2015 at 08:21 AM EST
Bob Janjuah, a closely-watched strategist from Nomura Securities, told CNBC on Monday that Saudi Arabia, the largest producer within the OPEC oil producers’ cartel, will defend its current market share by enduring low prices. “Oil can go up in the short-term but I think actually that there is some political motivations at play here and […] View the full post at: Oil At $30 Related posts: OPEC Output Cut May Be Coming Alternative energies to profit from gas emission cap Portugal Credit Default Swaps Hit Record High