Oil and Gas

Has the oil price rebound reached its limit?

A worker walks past a pump jack on an oil field owned by Bashneft company near the village of Nikolo-Berezovka, northwest from Ufa, Bashkortostan, January 28, 2015. New European Union sanctions against Russia could include further capital markets restrictions, making it harder for Russian companies to refinance themselves and possibly affecting Russian sovereign bonds and access to advanced technology for the oil and gas sectors, EU officials said on Wednesday.

Anatole Kaletsky on why $50 will continue to be a price ceiling, rather than a floor. Image: REUTERS/Sergei Karpukhin

Anatole Kaletsky
Columnist, Thomson Reuters
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