The 2010s oil glut is a considerable surplus of crude oil that started in 2014-2015 and accelerated in 2016, with multiple causes. They include general oversupply as US and Canadian tight oil (shale oil)…

‘OPEC is neither a cartel nor involved in the business of fixing oil … continue to pay. Just ask Venezuela’s Nicolás Maduro …

A global oil supply glut will persist through 2016 as demand growth slows from a five-year high and key OPEC producers maintain near-record output, according to the International Energy Agency. СЛЕДУЮЩЕЕ. ВОСПРОИЗВОДИТСЯ: lifestylegeneral. IEA says oil glut to continue.

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“Once again the Kingdom of Saudi Arabia continues to exhibit leadership … of output curbs to prevent a supply glut. While t…

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Sep 12, 2017 … OPEC just released its latest Monthly Oil Market Report. The decline in excess oil inventories seen this year versus last year's large increase is …

The so-called OPEC+ alliance aims to prevent another price-crushing oil glut like the one that gripped the market … its off…

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Saudi Arabia offered a nice surprise to the liquid commodity, by announcing that it will continue … supply glut and boost p…

In OPEC’s May Oil Market Report, the group noted that non-OPEC supply continues to grow at a rapid rate, adding 0.87 million barrels per day (mb/d) in 2017, with expectations of another 1.7 mb/d in 20…

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OPEC just released its latest Monthly Oil Market Report. The decline in excess oil inventories seen this year versus last year’s large increase is eye-opening. We will likely see continued global oil …

What's At Stake As The Oil Glut Continues By Tom Dispatch – Aug 17, 2015, 11:30 AM CDT. Join Our Community. Why an Oil Glut May Lead to a New World of Energy.

Jul 6, 2015 … A year since crude prices plunged, oversupply lingers, evident in a record-setting stock build, as production by members of the Organization of …