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Hey OPEC, the World's Largest Oil Consumer Needs a Lot Less Oil - Bloomberg
Bloomberg | Hey OPEC, the World's Largest Oil Consumer Needs a Lot Less Oil Bloomberg U.S. oil output is only going up -- last week's production level rose to 9.68 million barrels a day. That level could surpass 9.9 million by next month, according to consultant Rystad Energy. All factors points to more pressure on OPEC and non-OPEC ... Oil pares losses on optimism OPEC will extend cuts in 2018 Oil Near Flat After Data Shows Drop in US Inventories OPEC, Russia oil ministers edge closer to nine-month oil output cut extension |
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