World Oil's Daily Brief
Daily Brief, Monday, March 2nd
In today's episode:
- Oil is climbing again, on signals that OPEC and central bankers may be ready to prop up financial markets;
- OPEC production is sinking, thanks to a combination of careful planning and events outside the group's control;
- An election in Guyana will determine who holds the purse strings in the suddenly oil-rich nation;
- Two of the worlds largest energy conferences were canceled yesterday, after the World Health Organization raised its virus threat level.
Also, today we welcome Siemens as a new sponsor of The Daily Brief. Visit www.siemens.com/oilandgas to learn more about Siemens’ engineering services and technologies for platforms and vessels, including FPSOs.