Donald Trump had accompanied his announcement with comments that markets would remain
well-supplied because Saudi Arabia, the UAE, the US and others would ensure that market demands were met.
US Secretary of State Mike Pompeo said in November that the United States had decided to issue temporary allotments to China, India, Italy, Greece, Japan, South Korea, Taiwan, and Turkey to continue importing Iranian oil, due to the specific countries' circumstances and to ensure a
well-supplied oil market.
We still want to make sure that we've got a
well-supplied crude oil market," US Secretary of State Michael Pompeo said in an official release on January 3.
Gas Asian spot LNG prices for January delivery fell more than 8% last week, affected by a
well-supplied market, a slump in crude oil prices and forecasts of a mild winter.
Despite the enforcement of sanctions against Iran last November 4, market analysts noted that prices hit multi-month lows due to confluence of factors - but all pointing to a
well-supplied oil market.
"We have decided to issue temporary allotments to a handful of countries responsible to specific circumstances and to ensure a
well-supplied oil market," said Secretary of State Mike Pompeo told reporters.
National Grid, tasked with getting gas around the country, stressed the system was
well-supplied. The amount of gas coming from Norway via a major pipeline has leapt in recent days.
'The clear message from the OPEC+ meetings was that those countries with spare capacity would increase production to keep the market
well-supplied,' U.S.
In his opening address at the conference, Suhail Al Mazroui, UAE Minister of Energy and Industry, and the current President of Opec said they are focusing on making sure that it is a
well-supplied and balanced market.
New low-cost capacity in Morocco and Saudi Arabia in the near term into a
well-supplied market and low feedstock costs are pressuring phosphate fertilizer prices.
Tantillo, along with Our Lady of the Wayside deacon, Don Grossnickle, are working to form an area-wide initiative to take on supporting three
well-supplied clinics in three villages.
On immigration, Cope called for a system that encourages those who follow the rules, and on the military, he declared that "We need a strong and
well-supplied fighting force that makes any potential adversary think twice about acting against this country."