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The global oil market will continue to face a tight supply and rising prices, barite ok?

The global oil market will continue to face a tight supply and rising prices, barite ok?

  • Categories:Industry News
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  • Time of issue:2021-07-08
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(Summary description)The global oil market will continue to face a tight supply and rising prices, barite ok? Integrated several foreign media reports, the organization of petroleum exporting countries (OPEC) + announced in the case of 5 did not come to an agreement continue to delay the meeting,

The global oil market will continue to face a tight supply and rising prices, barite ok?

(Summary description)The global oil market will continue to face a tight supply and rising prices, barite ok? Integrated several foreign media reports, the organization of petroleum exporting countries (OPEC) + announced in the case of 5 did not come to an agreement continue to delay the meeting,

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2021-07-08
  • Views:0
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The global oil market will continue to face a tight supply and rising prices, barite ok? Integrated several foreign media reports, the organization of petroleum exporting countries (OPEC) + announced in the case of 5 did not come to an agreement continue to delay the meeting, the global oil market will continue to face a tight supply and rising prices. According to the previously reported, OPEC + plans to extend production agreement from April 2022 to December 2022, but the opposition in the united Arab emirates hindered the agreement. The united Arab emirates said "there is no need to make it now (extended cuts) the decision", said the original agreement has eight or nine months left, have enough time to discuss at a later stage. Columbia University, director of the center for global energy policy Jason Mr Madoff (Jason Bordoff) said: "if there is no agreement means that the current level of production will continue, oil prices will spike." As of 5 PM London time 42 points, brent crude oil prices rose 1.3%, to $77.12 a barrel, the highest since 2018. And this round of rising oil prices, let small make up start barite concerns.
 

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