Mercuria Energy's Head Trader Magid Shenouda Is Leaving Company bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.
OPEC may need further supply curbs to balance market, says Mercuria chief | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Mercuria’s CEO told Reuters on the sidelines of the World Economic Forum that U.S. oil production growth ‘will probably slow down because of huge industry consolidation and cost reduction’
OPEC may need to cut production further to keep oil prices at current levels in the face of stuttering demand growth and high U.S. output, the CEO of commodities trader Mercuria Energy Group said.