High Saudi Oil Output Adds Market Risk - Goldman

High Saudi Oil Output Adds Market Risk - Goldman
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Τετ, 11 Ιανουαρίου 2012 - 18:50
The currently high level of Saudi oil production leaves the oil market more vulnerable to supply disruptions elsewhere, according to Goldman Sachs.
The currently high level of Saudi oil production leaves the oil market more vulnerable to supply disruptions elsewhere, according to Goldman Sachs
"With Saudi producing close to 10 million barrels a day, OPEC will be operating with a very thin layer of spare capacity, making the oil market much more vulnerable to additional disruptions," it says. Supplies from Nigeria , which is troubled by fuel-price protests, are of particular concern, it adds.

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