Monday, December 24, 2018

Oil market likely to rebalance early 2019: OPEC ministersOil ministers from leading OPEC nations said Sunday they expect prices will arrest their recent slide and rebalance early next year, when a deal on new production cuts takes effect. Oil prices have shed more than 36 percent since early October to trade at $54 (47 euros) per barrel, due to fears of oversupply and weak global demand. "Based on available figures, we have around 26 million barrels of surplus ... compared to 340 million barrels in early 2017," Mazrouei told a press conference in Kuwait City.




from Yahoo News - Latest News & Headlines https://yhoo.it/2GA56Sd

Related Posts:

  • LATEST TOP STORIESThe son of the highest-profile South Korean to defect to North Korea has arrived in the North to permanently resettle, North Korean state media said. The state-run Uriminzokkiri website reported that Choe In-guk, about 72, ar… Read More
  • LATEST TOP STORIESThe former vice president describes the president's environmental speech as being "meant to deceive and deflect." from Yahoo News - Latest News & Headlines https://ift.tt/2Jl6KpX … Read More
  • LATEST TOP STORIESKevin Hunter Jr. was arrested in May after getting into a fight with his father. from News https://ift.tt/2YIDe2J … Read More
  • LATEST TOP STORIESThe Foreign Office is considering whether Russia hacked Sir Kim Darroch to unveil messages that would be 'cause maximum embarrassment and harm' to officials on both sides. from Articles | Mail Online https://ift.tt/2LKccVg … Read More
  • LATEST TOP STORIESDemocratic presidential hopeful Elizabeth Warren raised $19.1 million in the second quarter of the year, placing her in the top three for the period among top-tier rivals, her campaign announced in an email to supporters on M… Read More

0 comments:

Post a Comment

Followers

Contact Form

Name

Email *

Message *

Popular Posts

FOLLOW BY EMAIL

Enter your email address:

Delivered by FeedBurner