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OPEC-Russia Deal Could Drain Almost Half the Global Oil Surplus

By: clo in FFFT3 | Recommend this post (0)
Tue, 13 Dec 16 3:23 AM | 60 view(s)
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If Trump wants to be pals with Putin he better watch how high the price of oil rises. Americans will be VERY unhappy paying more because of Russia.

OPEC-Russia Deal Could Drain Almost Half the Global Oil Surplus
by Grant Smith
December 12, 2016, 1:04 PM EST
Inventories will decline 760,000 b/d if accord implemented
That would erode 46% of oil-stockpile surplus targeted by OPEC

https://www.bloomberg.com/news/articles/2016-12-12/opec-russia-deal-could-drain-almost-half-the-global-oil-surplus




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