Oil price down cycle 'nearing end': Saudi minister

[Article] Les pays producteurs de pétrole s'organisent pour faire remonter les prix.


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Oil price down cycle 'nearing end': Saudi minister.
Riyadh (AFP) - Saudi Oil Minister Khalid al-Falih said on Sunday that the current cycle of falling crude prices is close to an end as market fundamentals improve.Oil prices are currently hovering at around $50 per barrel after hitting a 10-year low...
This article was published Monday, 24 October, 2016 by AFP
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Oil price down cycle 'nearing end'.jpg

The price of oil has partially rebounded and is hovering around $50 per barrel having hit a 10-year low of less than $30 in January © AFP/File Karim Sahib


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