PODCAST: US crude futures slide as OPEC postpones decision to cut production

David Haydon

06-Dec-2018

HOUSTON (ICIS)–News reporter David Haydon speaks with editors Ignacio Sotolongo and Steven McGinn on US crude oil and fuel markets.

Crude oil was down after volatile trading following OPEC and allied producers, mainly Russia, postponed a decision until Friday to cut production in an attempt to rebalance global oil supplies.

US crude oil and petroleum products exceeded imports for the first time in nearly 75 years, according to the latest Energy Information Administration (EIA) data.

Click here to listen in a new window.

READ MORE

Global News + ICIS Chemical Business (ICB)

See the full picture, with unlimited access to ICIS chemicals news across all markets and regions, plus ICB, the industry-leading magazine for the chemicals industry.

Contact us

Partnering with ICIS unlocks a vision of a future you can trust and achieve. We leverage our unrivalled network of industry experts to deliver a comprehensive market view based on independent and reliable data, insight and analytics.

Contact us to learn how we can support you as you transact today and plan for tomorrow.

READ MORE