Rising oil production squeezes prices down
Although OPEC countries have agreed to limit the production of oil, more oil was pumped from the underground in May, squeezing down the oil price while US production is simultaneously increasing, reports Reuters.
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Qatar supports historic OPEC agreement
For subscribers
Statoil enters deal with Chinese oil major
For subscribers