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Business Insider: Russia will control prices of oil in 2016 World News

Business Insider: Russia will control prices of oil in 2016

The global oil situation continues to drag on. Powerhouse oil producers are still being squeezed financially by lower prices and some of the more unstable OPEC members have seen upticks in violence and political chaos. And in this environment, Russia increasingly looks like "the single biggest swing factor for oil prices in 2016," according to RBC Capital Markets' global head of commodity strategy Helima Croft. February 1 2016, 17:25 2 734 просмотрs