Thu, Apr 24, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Oil, Resources more

Opec oil output at lowest in two years

Posted on 11 October 2013

Opec pumped crude at the lowest rate in almost two years in September, according to the oil producing cartel’s own analysis, as disruptions to supplies from several members continued to support oil prices.
Brent crude oil has traded near the $110-a-barrel mark since mid-August, as theft has pushed Nigerian production below 2m barrels a day, and much of Libya’s oil industry has been closed by a wave of militia activity. Saudi Arabia has responded by pumping crude at an unprecedented rate………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 34696 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930