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Saudi Arabia Discusses Oil Supply Cuts, Analysts Skeptical

Oil rose on Thursday after a Russian official said that Saudi Arabia had proposed that oil-producing countries cut output by up to 5 percent each, amid a global supply overhang that has depressed prices for over a year and a half. Crude accelerated higher after Russian Energy Minister Alexander

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Oil rose on Thursday after a Russian official said that Saudi Arabia had proposed that oil-producing countries cut output by up to 5 percent each, amid a global supply overhang that has depressed prices for over a year and a half. Crude accelerated higher after Russian Energy Minister Alexander

[post_title] => Saudi Arabia Discusses Oil Supply Cuts, Analysts Skeptical [post_excerpt] => Oil rose on Thursday after a Russian official said that Saudi Arabia had proposed that oil-producing countries cut output by up to 5 percent each, amid a global supply overhang that has depressed prices for over a year and a half. Crude accelerated ... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => saudi-arabia-discusses-oil-supply-cuts-analysts-skeptical [to_ping] => [pinged] => [post_modified] => 2016-01-28 18:22:41 [post_modified_gmt] => 2016-01-28 18:22:41 [post_content_filtered] => [post_parent] => 0 [guid] => http://maritime-executive.com/article/saudi-arabia-discusses-oil-supply-cuts-analysts-skeptical [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )