Sat, Aug 23, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Market Pulse, Oil more

Iran: ‘OPEC will help cover global supply shortage’

Posted on 31 May 2011

The Organization of the Petroleum Exporting Countries is acting to balance the global market and will continue to do so, according to Iran’s OPEC Gov. Mohammad Ali Khatibi. “OPEC is trying to compensate part of the shortage of supply of crude and create a balance in the market and in the future OPEC will continue to do its onerous duty which is to create balance in the market,” said Khatibi.
He said he expected global oil demand to rise to 88.9 million b/d by yearend and demand for OPEC crude to rise to 29.8 million b/d by yearend from 29.7 million b/d in the first quarter……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 36568 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31