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Producers have already done a lot to ensure the market is well supplied.
Read More »Oil Supply Glut or Market Tightening Set to Return?
US Sanctions against Iran will Pressure Global Oil Supply
In the short term. supply is not seriously impacted. given that Saudi Arabia. Russia ramped up their oil production.
Read More »IEA: End of OPEC Production Cuts in June Would Be Surprise
The U.S. will add about 1 million barrels a day of new supply this year.
Read More »Saudi Oil Minister Annoyed of Shale Hype
The comments from al-Falih were quickly met with pushback from the IEA’s top officials.
Read More »IEA Sees Risk of Volatile Oil Prices on Weak Upstream Investment
There are still not enough signs of investment beginning to return. and that raises the risk of tightening of the market in the next five years and a risk to the stability of oil prices.
Read More »`IEA: $65 Oil `Ambitious
. Analysts are watching closely whether OPEC and non-OPEC members stick to their commitments
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