(EnergyAsia, December 15) — Concern about excess oil inventories has re-emerged as an explicit focus of OPEC policy ahead of the group’s December 14 meeting, said commodities trader Fimat. Given towering total OECD inventories — on par as of end-September with the infamous 1998 overhang that pushed WTI down to $10/barrel — and an ominous…

This article is for Subscriber members only.
Register
Already a member? Log in here