Putin's Reward for Doing a Deal With OPEC Overshadowed by Risks

Updated on
  • Reducing flow of Russian crude could damage fields, pipelines
  • Russia, Saudi Arabia, Qatar, Venezuela agree oil-output freeze

Can U.S. Oil Capitalize on Russia, Saudi Output Freeze?

Neither a recession nor a collapse in revenue has been enough to convince Russian President Vladimir Putin that it’s time to join with OPEC and cut oil output to boost prices. His reasons may be pragmatic rather than political.

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