Monday 29 April 2019

U.S. sanctions on Iran, Venezuela set up crunch for heavier oil

Tighter U.S. sanctions on Iranian oil planned for May are adding to a wealth of factors curbing global supply of heavy-medium crude, driving up prices for scarcer barrels and setting up a stand-off between buyers and sellers.


from Reuters: Business News https://reut.rs/2DyWQxF

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