oil supplies

IEA says global oil supplies jump

Global oil supplies rose 250,000 barrels per day in April to 96.2 million barrels per day as higher OPEC output more than offset deepening non-OPEC declines, according to Oil Market Report released by the International Energy Agency (EIA) on May 12.
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No one to help OPEC

It is not worth expecting coordination between countries outside of OPEC in order to stabilize the oil market, a senior analyst for the oil and gas sector in the Uralsib Capital company Alexei Kokin said.
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Belarus interested in Kazakh oil supplies

The Belarusian government is interested in supplying oil from Kazakhstan for its processing at Belarusian refineries, Novosti-Kazakhstan news agency quoted Deputy Prime Minister Mikhail Rusi as saying at a session of the Kazakh-Belarusian intergovernmental commission on trade and economic cooperation in Astana on Thursday.
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