Tue, Sep 30, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Oil more

IEA urges OPEC to pump more oil

Posted on 04 May 2011

The Organization of Petroleum Exporting Countries should produce more crude oil—even of the sour, heavy quality—because refineries would use it at a lower price, the executive director of the International Energy Agency said Tuesday.

The statement underscores the widening gap between oil producers and consumers. OPEC’s two largest producers recently said there was no need to supply more barrels to an already oversupplied market……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 37188 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930