OPEC

Oil Mixed, API Reports Surprise Draw in U.S. Crude Oil Supplies

OPEC+ oil output boost to leave market in precarious balance, IEA says

October 15, 2020

By Administrator_ India Capital Sands The outlook for oil “remains fragile” as the pandemic depresses demand, and OPEC’s plans to increase supply next year will leave global markets precariously balanced, the International Energy Agency said. “There is a risk that the demand recovery is stalled by the recent increase in Covid-19 cases in many countries,” the IEA said in its monthly […]

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