Russia Says It Can Weather Oil For Up To 10 Years
by Tyler Durden (Zero Hedge)
Now that both OPEC+ and OPEC no longer exist, and it’s a free-for-all of “every oil producer for themselves” and which Goldman described as return to “the playbook of the New Oil Order, with low cost producers increasing supply from their spare capacity to force higher cost producers to reduce output”, the key question is just how long can the world’s three biggest producers – shale, Russia and Saudi Arabia…