With oil prices plunging in 2015 to their lowest levels in a decade, a deal between Russia and Saudi Arabia could take two million barrels a day off the market. That is the business story. But it is also a political story. The last time oil prices dropped so low and stayed there was during the 1980s, when the Soviet Union collapsed.
Peter Dobbie hosts the show with the following guests:
- Anastasia Nesvetailova – political economist, City University, London
- Sean Evers – Gulf Intelligence Oil, Dubai
- Mikhail Krutihin – RusEnergy Consulting, Moscow