Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?
Green Car Congress
OCTOBER 20, 2015
and China markets, while the Russian Finance Ministry recently backed away from a tax proposal which Russian crude producers said would reduce their output. This apparent bravado notwithstanding, the two countries’ entry into the low-price Crudedome is ravaging their economies. percent year-over-year, up from 2.3 percent growth in Q1.
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