Tag: U.S.-China

Commercialization, Conventional Fuels

Spare oil capacity could be ‘stretched to the limit’ by OPEC’s supply boost, IEA says

July 12, 2018

Via: CNBC energy

OPEC’s rejuvenated bid to tame crude prices could soon exhaust the world’s spare capacity cushion, according to the latest monthly report from the International Energy Agency (IEA). The IEA’s closely-watched report comes shortly after crude had its biggest one-day drop […]