Arctic weather offers some comfort to OPEC

THE ARCTIC weather across US oil and gas producing states will have a far-reaching impact across the global economy, by temporarily cutting millions of barrels of oil from markets, according to ANZ analysts.

Arctic weather offers some comfort to OPEC Arctic weather offers some comfort to OPEC Arctic weather offers some comfort to OPEC Arctic weather offers some comfort to OPEC Arctic weather offers some comfort to OPEC

ANZ research released today showed as much as one-third, or around 3.5 million barrels of oil, had been cut from US production as wells froze over and power outages stopped pipelines.

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