Oil stable as Venezuela calls for producer meeting, oversupply still weighs
OPEC also forecasts in 2016 daily demand for oil will increase by 0.09 mln barrels/day and to reach – 94,26 mln barrels/day. To do so would result in shale and other producers gaining market share in order to prop up those OPEC members that can’t compete with lower...
Posted On Aug 10 2016