Is The Oil Glut Coming Back? | OilPrice.com

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That has led many analysts to conclude that supplies from Iran could ramp up fast over the coming months. But events this past Saturday suggest it may not be quite that easy. Related: Is China The Big.

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Oil prices fell to their lowest in a year on Friday, on course for their biggest. Oil pumpjacks in the Permian Basin oil field are getting to work as.

World Bank approves Sh75b loan to boost Big Four agenda : The Standard The World Bank Board of Directors has approved a US$750 million (ksh75.9 billion) international Development Association (IDA) credit for Kenya, in the latest move by the global lender to channel funds to the East Africa State.This comes amid concerns over the country’s ballooning public debt which crossed the Ksh5.1 trillion (US$50.4 billion) mark in September 2018, with possibilities of going Ksh5.6 trillion (US$55.4 billion by close of the year. The loan, according to World Bank is meant.

Oilprice.com May 26, 2019. Reblog · Share · Tweet · Share. Oil had its worst week of the year, and the plunge in prices have renewed concerns. people: Be prepared, you might see $40 or $50 on the back end,” Conoco's Ryan Lance told the.

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Nevertheless, Saudi Arabia is plenty worried about a glut. back in the coming months if the problems do not recede. The Venezuelan government tried to reassure the markets, but its problems could.

On the other hand, although drillers could get back to work, the markets are likely overestimating the impact of a few dozen rigs coming back into operation. Related: Big Oil Begins To Worry..

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