Expect Bigger Crude Oil Surplus in Y 2017, Output Jumps

Expect Bigger Crude Oil Surplus in Y 2017, Output Jumps






Expect Bigger Crude Oil Surplus in Y 2017, Output Jumps $USO, $OIL According to OPEC’s report, October’s supply boost mostly came from Libya, Nigeria and Iraq OPEC reported an increase in its Crude Oil production in October to a record high led by members hoping to be exempt from the producer group’s attempt to curb […]






Any Deal To “Freeze” Crude Oil Production To Have Limited Impact

Any Deal To “Freeze” Crude Oil Production To Have Limited Impact






Any Deal To “Freeze” Crude Oil Production To Have Limited Impact A deal to freeze Crude Oil production by OPEC and non-OPEC producers will have a limited impact on global supply and markets are unlikely to rebalance before Y 2017, the International Energy Agency (IEA) said Friday. The IEA, which oversees the energy policies of […]