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- Sharpet replied Dec 11, 2016
Oil is doing well at the moment after the success of the OPEC deal, what remains now is how the big producers will contribute their output cuts.
- Sharpet replied Nov 4, 2016
The success of the OPEC deal by November is very fundamental to the stability of oil prices. For one thing,if this deal is not reached, we may suffer oversupply especially with Iran resuming production in heavy capacity.
- Sharpet replied Nov 3, 2016
For some time the disagreement between Iran and Saudi Arabia has been stalling arrangements by the OPEC and non-OPEC producers to come to an agreement to freeze oil production. We are just hopeful that the meeting in Vienna this month end by OPEC ...
- Sharpet replied Oct 31, 2016
Oil prices have been unsteady for some time.This majorly boils down to fears of oversupply of oil. But should ongoing talks by the OPEC arrive successfully at cutting production, we may see stability in oil prices.
- Posts by Member Search: 'Sharpet'