Showing posts with label and pressure Saudi's spare capacity. Show all posts
Showing posts with label and pressure Saudi's spare capacity. Show all posts

Tuesday, July 3, 2018

How a surprise deal to boost world oil supply could 'stir the pot' in the Middle East, and pressure Saudi's spare capacity

July 03, 2018 and pressure Saudi's spare capacity , How a surprise deal to boost world oil supply could 'stir the pot' in the Middle East 0 Comments

By CNBC, June 30, 2018

An impromptu agreement between the United States and Saudi Arabia to add more supply to increasingly tight oil markets is perceived as a test of the kingdom’s ability to pump more crude — and could further antagonize Iran and Venezuela, as both countries grapple with deteriorating conditions in their respective economies.
By - No comments:
Labels: ,