Thu, Oct 23, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Oil, Price Watch more

Oil price ‘fair’ despite geopolitical factors: Kuwait

Posted on 08 April 2014

Kuwaiti Oil Minister Ali al-Omair said Monday that current oil prices are “fair” despite strong geopolitical factors impacting the region. OPEC member Kuwait is the world’s fourth-largest oil exporter, pumping around 3.0 million barrels per day, of which at least 2.6 million bpd are exported in the form of crude oil and petroleum products.
“There are geopolitical factors impacting oil prices… which are not only controlled by output levels and production capacity but also by political changes,” Omair said………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 37608 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031