Oil Prices Running Out Of Reasons To Rally
Green Car Congress
JANUARY 13, 2017
The OPEC deal is slated to take oil off the market, while US drilling is expected to add new supply. It’s a good time to do maintenance on oil fields during production cuts,” Al-Fezaia said, noting that Kuwait will lower output from 2.89 The pace and magnitude of each trend will ultimately drive oil prices one way or the other.
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