Showing posts with label Qua Iboe. Show all posts
Showing posts with label Qua Iboe. Show all posts

Sunday, 1 March 2015

OPEC's February Oil Supply Hits Lowest Since June on Iraq-survey




(source: Reuters)

OPEC's oil supply has fallen this month as bad weather delayed exports from Iraq's southern ports, a Reuters survey found on Friday, slowing an expansion of supplies in the group's second-largest producer.
The survey also found slightly higher output in Saudi Arabia, a sign that the largest producer in the Organization of the Petroleum Exporting Countries is sticking to its strategy of focusing on market share rather than cutting output.