Month: April 2016

Petrol Strike Ends in Kuwait

April 17, 2016

After the failure of the OPEC, a strike by thousands of Kuwaiti workers, the fourth largest producer in OPEC, created the illuson where supply and demand had reached an equilibrium. However, according to Bloomberg, this Wednesday the strikers returned to their posts, eliminating the supply shortage that they had created. Oil production in Kuwait is […]

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