Global Oil Markets Set to Strengthen Further in 2018

Global oil prices opened the new year on a high note, reaching three-year peaks by mid-January, spurred on by robust winter demand growth, supply outages, and the strong commitment by OPEC and its non-OPEC partners to maintain production curbs through the end of 2018.

Global Oil Markets Set to Strengthen Further in 2018
Saudi Arabia’s Minister of Energy, Industry, and Mineral Resources Khalid al-Falih speaks to journalists in Dubai, United Arab Emirates, Nov. 28, 2017. (AP Photo/Jon Gambrell)

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