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Russian energy minister: We plan to increase exports in 2016

Discussion in 'Market News' started by ForexLive, Jan 14, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Via Interfax: Russian energy minister Novak said Russia does not plan to cut oil exports in 2016. Instead, a small rise is expected. There's a global game of chicken going on in the crude oil market right now. Everyone knows they will be fine if the 'other guy' cuts production but no one wants to do it themselves.

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