MEOG Week 20
P. 1
Issue 770 20•May•2020 Week 20
OPEC optimism
OPEC is cautiously optimistic that the worst of the oil crisis triggered by the coronavirus pandemic is over.
Questionmarks over Qatar
A warning came this week that Qatar may need to shut in LNG production if it is to avoid a battle for market share that could tank gas prices.
Tanker attack off Aden
Armed pirates attacked a British-flagged chemical tanker in the Gulf of Aden but were repulsed.
Iran’s Venezuela cargo warning
An Iranian news agency this week warned the US against targetting a fuel cargo to Venezuela.