OPEC’s long-sought success spoiled by 2018 oil supply worry
Businessam Staff
August 15, 2017
Oil investors are already worrying over the potential fallout when OPEC’s deal to cut output expires, marring emerging signs that the
OPEC swings to panic stations
Businessam StaffAugust 12, 2017
OPEC’s job of rebalancing the oil market has just got a lot more difficult. Not only is there a lot more oil in storage than it
OPEC struggling to keep its promises as curb compliance drops to a new low of 75%, says IEA
Businessam StaffAugust 11, 2017
The International Energy Agency (IEA), which monitors energy market trends for the world’s richest countries, said that
More problem for OPEC as IEA cuts estimates for crude needed in 2017, 2018
Businessam StaffAugust 11, 2017
The International Energy Agency (IEA) cut estimates for the amount of crude needed from OPEC this year and in 2018 after lowering its