Despite OPEC Production Cut, Another Year Of Low Oil Prices Is Likely An OPEC production cut offers oil producers hope for higher prices in 2017. But there is a dark cloud hanging over that expectation. Global storage inventories must be substantially reduced before higher oil prices can be sustained. Some of U.S. tight oil has nowhere to go but into storage because ...
Art Berman - The Petroleum Truth Report
Posted 9 months agoOpinion
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