Global Crude Inventories Play Powerful Role for OPEC

Ithaca, NY – May 23, 2017 – Along with shale oil production, crude oil inventories are playing a powerful role in determining global oil prices. Wall Street Journal’s “OPEC’s Foil: It Can’t Drain Enough Stored Oil”, explains the difficult time that OPEC has had in trying to balance oil prices by cutting output. Investors need[…]