FILE PHOTO: An oil pumpjack painted with the colors of the Venezuelan flag is seen in Lagunillas, Venezuela January 29, 2019. REUTERS/Isaac Urrutia/File Photo
Supply cuts by OPEC and partners led by Russia, plus involuntary curbs in Venezuela and Iran, have helped drive a 32 percent rally in crude prices this year, prompting pressure from U.S. President Donald Trump for the group to ease its market-supporting efforts. The figures could add to a debate within the so-called OPEC+ group of producers on whether to maintain oil supply cuts beyond June. A Russian official indicated this week Moscow wanted to pump more, although OPEC has been saying the curbs must remain.
US & Seven Sisters are having an effect...soon regime change and unnationalism of oil industry and reserves!
Trump's way of doing business isn't terrorism? Shame on you America. Running down countries isn't good business policy
The oilers complain close enough for meeting the golden course have allowed some one more hand have
You mean no electricity and maintained infrastructure lowers output?