Vienna – Oil producing countries on Friday discussed further reducing their output limit in 2020, with Saudi Energy Minister Abdulaziz bin Salman stressing that success depends on everyone sticking to the deal. The 14-member Organisation of the Petroleum Exporting Countries (OPEC) and 10
Sharp differences in export diversification and foreign net asset positions help explain why some oil-producing countries are likely to weather sustained oil price pressure much better than others, according to Fitch Ratings. A Fitch study of sensitivity to an extended USD50/bbl West Texas Intermediate (WTI) crude oil price shock employed a simplified graphical approach to