Opinion: Global Oil Supply More Fragile Than You Think
Green Car Congress
AUGUST 7, 2015
But the collapse of prices in July—owing to the Iran nuclear deal, an ongoing production surplus, and economic and financial concerns in Greece and China—have darkened the mood. mb/d of spare capacity , the lowest level since before the 2008 financial crisis. That is no longer the case. Today OPEC has only 1.6
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