Maybe something to cheer us up!3 Mar 2020 16:18
Just read this on OE Digital!!!!!Oil Output Cuts Could Boost Price to $60 a Barrel, Lukoil Says
OPEC's proposal to cut oil production by up to 1 million barrels a day would be enough to balance the oil market and lift prices to $60 a barrel, Leonid Fedun, vice-president of Russian oil producer Lukoil, told Reuters. The comments from Fedun, who was talking on the sidelines of the company's presentation of its low-carbon energy strategy, suggest Russia may be willing to agree to OPEC's proposals for more output cuts.
Any thoughts?