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Global production | ASHARQ AL-AWSAT English Archive 2005 -2017

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An oil rig is silhouetted against the sunset in St. Lawrence, Texas May 9, 2008. REUTERS/Jessica Rinaldi

Oil Prices Settle at 2016 Highs on Global Supply Disruptions

by Asharq Al-Awsat English | May 18, 2016 | Business

As supply disruptions and output cuts continued to stiffen the market, oil prices were trading near 2016 Traders have cautioned that high global crude inventories were still weighing on markets. Global oil production has exceeded demand for nearly two years, as...

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Middle-east Arab News Opinion | Asharq Al-awsat

Oil Prices Settle at 2016 Highs on Global Supply Disruptions

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Middle-east Arab News Opinion | Asharq Al-awsat

Oil Prices Settle at 2016 Highs on Global Supply Disruptions

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