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

No comments:

Post a Comment

I own a Minneapolis bike shop that shut down for the strike. Closing was a big ask for a small business, but worth it to help my community.

Perennial Cycle participated in the ICE OUT protest strike, and held its own fundraiser. Courtesy of Perennial Cycle Specialty bike sho...