global oil glut
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Venezuela, Saudi Talks Promise No Oil Supply Cuts
Monday, 8th February 2016
Venezuela and Saudi Arabia held talks about mutual cooperation between OPEC members to stabilize the global oil market currently flooded with a surplus of 2mb/d.
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Loading ...| Commodity CMDTY | Units | Price | Change |
| Crude Oil (WTI) WTI | USD/bbl | 71.29 | +4.61% |
| Crude Oil (Brent) Brent | USD/bbl | 75.58 | +3.93% |
| NYMEX Natural Gas | USD/MMBtu | 5.10 | -6.92% |
| OPEC Basket Price | USD/bbl | 81.31 | -0.54% |
Last Modified November 29, 2021