Oil inventory drops set stage for higher prices
LONDON/HOUSTON/SINGAPORE, July 31 (Reuters) - Oil inventories are beginning to fall in some regions as demand outpaces supply constrained by deep production cuts from OPEC leader Saudi Arabia, providing support for prices which are expected to rise in coming months. JP Morgan analysts said this…
#houstonsingapore #opec #saudiarabia #jpmorgan #christopherhaines #energyaspects #saudi #iea #nonoecd #refineries