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Page added on November 14, 2010
OPEC output takes a significant upward move
Platts’ monthly survey of OPEC production can be found here.
With prices rising, new supply can’t be anything but welcome to consumers. But if the price rise is being driven solely by dollar economics, will it matter?
One Comment on "OPEC output takes a significant upward move"
KenZ300 on Mon, 15th Nov 2010 12:20 am
Does anyone track the worlds monthly supply of ethanol and biofuels?
Is this also increasing each month as new plants come on line around the world?
Demand for oil would be greater if not for this offset. Biofuels are starting at a low base but it is growing around the world as oil prices rise.