Russian central bank sees chance of prolonged low oil price cycle

Capt. John

Russia’s central bank has warned the Kremlin’s policy makers the United States and OPEC have the capacity to flood the oil market and cause a repeat of the prolonged price collapse of the 1980s – which contributed to the downfall of the Soviet Union. The warning came weeks before Russian and U.S....

https://www.hellenicshippingnews.com/russian-central-bank-sees-chance-of-prolonged-low-oil-price-cycle/

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