The Traderszone Network

Published in TZ Latest News 16 April, 2016 by The TZ Newswire Staff

Saudi Arabia sounds like it wants a price war

The chance of an oil output freeze agreement in Doha looks remote
If oil producers announce a freeze on Sunday, it won’t include Saudi Arabia.
The latest comments from Saudi Price Mohammed bin Salman make a deal highly unlikely. He said Saudi Arabia will not agree to a freeze unless Iran does the same. Iranian leaders aren’t even attending the summit so there’s no chance they will participate.