12 iulie 2018

World oil supply risks being 'stretched to limit': IEA

al-monitor.com

Rising global oil supply, driven by crude giants Saudi Arabia and Russia, may come under pressure as key producers face disruptions, the International Energy Agency said Thursday. The IEA welcomed in its July report last month's agreement between the Organization of the Petroleum Exporting Countries (OPEC) and Russia to open the taps in order to bring prices down from multi-year highs. But it pointed to s upply disruptions in Libya after a string of attacks on infrastructure. It also [...]