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Posted by EconMatters

With a team of analysts, we at EconMatters focus on identifying the fundamental theories of cause and effect in the financial markets that matters to your portfolio.

It`s Actually in Russia and Iran`s Self Interests to Cut Production (Video)

by EconMatters on November 24, 2016

in Commodities, Economy, Videos

By EconMatters

We discuss game theory and the idea that cooperative game theory suggests here that both Iran and Russia would be better served to cut oil production as opposed to merely freezing oil production. We could easily be talking about losing an extra 20 to 50 plus Billion in annual Oil Revenues for these two countries.

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