Saudis and Russia speak, but oil goes lower?

CNBC

On the other hand, Brenda Shaffer, senior global fellow at the Atlantic Council's Global Energy Center, told CNBC's "Closing Bell" the meeting was a tactical and genius move from Saudi Arabia and Russia.

"No matter what, just by talking about it they've gained a lot financially," she said. "Also, this puts the blame on Iran. It makes it look like Russia and Saudi Arabia are really trying to be very productive and helpful in the market."

Source: https://www.cnbc.com/video/2016/02/16/geni...