Oil & Gas Market Update - Podcast 6-23-2018

dan_s · Post by **dan_s** » Sat Jun 23, 2018 6:21 pm

Here is the link to my weekly Oil & Gas Market Update podcast. https://youtu.be/lpzu63SZDbY

OPEC can only increase oil production by 600,000 barrels per day. Russia will add another 400,000 BOPD, but that is not enough to stabilize global supply/demand. OECD oil inventories will continue to fall through this summer, which is why oil prices spiked on Friday.