Oil Prices

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

Oil Prices

Post by dan_s »

OPEC ministers say they will almost certainly leave their oil-production ceiling unchanged when the group meets this week. What really matters for global markets is whether Saudi Arabia will respond to global supply shortfalls by pumping a record amount of crude.

IEA says demand for oil going up over a million bbls per day from Q2 to Q3.

http://mobile.bloomberg.com/news/2014-0 ... venes.html
Dan Steffens
Energy Prospectus Group
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