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Global oil production was 1,680,000 barrels per day less than demand in October
Global oil production exceeded demand by 1,490,000 barrels per day in June
Global oil output surplus was at 8.6 million barrels per day in May, despite OPEC cut of 6.3 million bpd
March global oil surplus at 17.7 million barrels per day; 2nd qtr surplus to be at 6.2 million bpd despite OPEC-led cuts
OPEC's February Oil Market Report showed that the global oil glut is growing again
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Recent comments
good calculation
thanks
Thanks!
very astute
footnote on "unaccounted for oil"
thanks for oil updates
Well, it's kinda obvious
Yoozer
Thanks for your good text this week
My: That’s the way
Why does Mr. Gemma not
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Post Nuclear Japan, Pre Disaster United States
- 135050 reads
The Boys Club of Tech Perpetuated by Foreign Worker Visas
- 115639 reads
Is Prof. Paul Krugman wrong about Securitization?
- 31429 reads
Oh Unhappy Day
- 76627 reads
Hints of a year-end economic respite?
- 38684 reads
The U.S. can't survive on services alone
- 97109 reads
Historic changes in the wind for Japan/America economic relations
- 12173 reads
World-Market State vs. Democracy: Why We Should Go Over the Fiscal Cliff
- 76946 reads
Food Stamps: Profits from Poor at Risk
- 50228 reads
Confessions of an Economic Populist
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The Golden Rule
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Will the NY Attorney General Bring Doomsday Charges Against Wall Street? If So, How Long Will He Survive?
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New York Post Claims Census Falsifies Unemployment Figures
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Safeway Skewered for Throwing 6,000 Workers Under the Bus in Video Parody
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VAT or Value Added Tax is Getting a Look in D.C.
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The war on the middle class
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How Many Jobs Are Needed to Keep Up with Population Growth?
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House discusses 401k/IRA confiscation
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U3 and U6 Unemployment during the Great Depression
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Tax Cuts for the Rich Do Not Generate Jobs
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