Humanitarian & Cultural Causes in Africa
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Is The #Oil Supply Glut Set To Return?

Is The #Oil Supply Glut Set To Return? | Humanitarian & Cultural Causes in Africa | Scoop.it
Mixed news from OPEC and the IEA has confused markets last week, but especially the remarks from Saudi Oil Minister al-Falih had markets concerned that a new glut could be in the making
Igor Espanhol's insight:

"There were a series of mixed messages from both OPEC and the IEA in recent days, offering a muddy outlook for the oil market. First was the TASS interview with Saudi oil minister Khalid al-Falih. His main message was that Saudi Arabia has enough spare capacity to cover for any shortfall related to Iran, although he noted that any further unexpected outages – from, say, Venezuela, Libya or Nigeria – would test the cartel’s abilities."

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Humanitarian & Cultural Causes in Africa
Social, Humanitarian & Cultural Causes in Africa. Investors Europe Sponsors Aurelie D'Unienville.  http://www.aureliemarrierdunienville.com/   http://www.investorseurope.net/en/managing-director . Disclaimer : this page is not intended for any specific nationality or jurisdiction. It is also not intended to solicit clients from any specific jurisdiction including the Republic of Mauritius inter alia.
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