Aries musd

Aries musd


We are comforted by the fact that Singapore rigbuilders have collected substantial payments from Sete and some provisions were made in 4Q Russia threatens to increase output. Days after the Doha talks ended in failure to agree on a production freeze, Russia has stepped up the rhetoric, with Energy Minister Alexander Novak saying that it plans to ramp up crude output by kbpd to The market brushed off the lack of a production freeze deal over the previous weekend, and hints of higher output from producers. The market should not be entirely surprised as the proposal had surfaced earlier in January. However, it is premature to evaluate the impact on the Singapore rigbuilders without details of the restructuring plan. The hostile Russian tone speaks of the tension that is lingering after the failed output agreement, where Saudi Arabia emphasised its unwillingness to relinquish market share.

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Aries musd


We are comforted by the fact that Singapore rigbuilders have collected substantial payments from Sete and some provisions were made in 4Q Russia threatens to increase output. Days after the Doha talks ended in failure to agree on a production freeze, Russia has stepped up the rhetoric, with Energy Minister Alexander Novak saying that it plans to ramp up crude output by kbpd to The market brushed off the lack of a production freeze deal over the previous weekend, and hints of higher output from producers. The market should not be entirely surprised as the proposal had surfaced earlier in January. However, it is premature to evaluate the impact on the Singapore rigbuilders without details of the restructuring plan. The hostile Russian tone speaks of the tension that is lingering after the failed output agreement, where Saudi Arabia emphasised its unwillingness to relinquish market share.

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