Oil Leaks and Disruptions Doing the Job That Producers Won't

Updated on
  • Iraq, Nigeria unrest affects more than 800,000 barrels a day
  • Brent gains about 20% since output cap announced on Feb. 16

Oil's Green Shoots Fuel Rebalancing Process: Currie

Pipeline leaks and shipping disruptions are doing more to reduce the global oil glut than producers who can’t seem to agree on whether to cap output.

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