Wednesday, July 24, 2019

OPEC's Unplanned Outages Supported Oil Prices


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In early July, OPEC+ rolled-over its December 2018 agreement for another nine months ending March 2020. To get an idea of compliance with that agreement to-date, I compared changes in production from October 2018 (the base period) and June 2019, except for Russia, May 2019 due to a lack of data for June. I found […]

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