High oil supply disruptions set stage for next slump

High oil supply disruptions set stage for next slump
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11.04.2019

MOSCOW (MRC) -- Global oil output is being hit by expanding US sanctions and other unplanned disruptions which, in an echo of market conditions around five years ago, are pushing prices higher in the short term but also setting the stage for the next slump, as per Hydrocarbonprocessing.Unplanned factors reduced global production by 2.8 million barrels per day in March, down from 3.3 Mbpd

Full article at mrcplast.com

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