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It cited some of the same data we cited four months ago, about “spare capacity” — or lack thereof. “Spare capacity,” we pause to remind you, is the ability of oil producers to jump-start ...
Hany Fam is founder and CEO of Markaaz, the world’s first global platform to verify and connect every small business on the planet. Throughout my career, I have operated by the core belief that ...
OPEC+ spare capacity is overstated. The energy crisis is exacerbating the situation. Detailed analysis of spare capacity by OPEC+ country. Bet_Noire/iStock via Getty Images A decade of ...
OPEC+ likely has less spare capacity than represented. Russia and Saudi Arabia examined more closely, biggest contributors. Could lead to much higher oil prices. As energy prices across the globe ...
Global oil outages may stretch the cushion of available oil to the limit, a top energy agency warned Thursday, saying it would be ready to step in if needed. The Organization of the Petroleum ...
But that will leave producers with very little spare capacity, and almost no room to compensate for a major supply outage. Sign up here. Tight spare capacity is likely to keep oil prices volatile ...