Bruce Evers
Bruce Evers
barrels bring disruption impact line meet million minor oil per producers rising supply year
World producers need to bring another 1 1/2 million barrels per day on line every year to meet rising demand. So even a minor supply disruption is going to have a disproportionate impact on oil prices.
barrels losing nigeria oil per prices
With oil prices over 60.0 dollars, it is not necessary, particularly with Nigeria losing about 500,000 barrels per day.