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OPEC cut extension could hurt Saudi plan to balance market- Gunvor

ANTWERP, Feb 1 (Reuters) - An extension of OPEC oil production cuts could push oil prices too high to meet Saudi Arabia and others' objective of balancing the market without encouraging U.S. shale output, Gunvor's head of oil market research said on Wednesday. [Source]

Publication Date:

Origin: reuters.com

Category: rbssEnergyNews

Topics: could, extension, market research, Gunvor's, output, shale, without encouraging, market, balancing, objective, others', Saudi Arabia, prices, oil production, (Reuters), ANTWERP, Gunvor, market-, balance, Saudi

Source: http://feeds.reuters.com/~r/reuters/USenergyNews/~3/7e_xW0mtFJc/oil-opec-idUSL5N1FM2B0