Providence Resources - Oman signals willingness to cut Crude Production bwtween 5 and 10 % - http://www.marketwatch.com/story/oman-says-its-prepared-to-slash-oil-output-2016-01-18 Russia has said its...

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Russia has said its production will drop 6.75% next year. Saudi is geting the chance to save face and cut by circa 6/7%. Think they will let frackers drown at 20 dollars a barrel for next few months before OPEC comes to an agreement with Russia etc .

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