Info!
UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.

Oil market in disarray as Saudis defy Opec to increase output

The oil market was thrown into fresh disarray yesterday after it emerged that Saudi Arabia had raised output in defiance of a ruling by Opec that no increase was needed. The kingdom was said to be pumping an extra 250,000 barrels a day into the market and would add another 250,000 from next month.

News Item details


Websites: http://www.independent.co.uk

Countries: Saudi Arabia -

Organisation: OPEC

Subjects: Information technology, Oil

Please login to save this item