Sun, Sep 25, 2016
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | Market Moves, Oil more

Kuwait says oil market balance takes precedence over price issue

Posted on 13 January 2014

Kuwait’s oil minister Ali al-Omair said the OPEC member targets 3.5 million barrels per day capacity by 2015. Balance in global oil markets takes precedence over the crude price, Kuwait’s new oil minister said on Sunday.
Asked whether 100 dollars a barrel was a good price for oil, Ali al-Omair told reporters at a reception: “The issue of balance comes before the issue of price.”…………………………………Full Article: Source


 Article link

This post was written by:

VRS - who has written 47813 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
banner
banner
September 2016
S M T W T F S
« Aug    
 123
45678910
11121314151617
18192021222324
252627282930