... overproduction, so the nominal quota increases have not led to an equivalent rise in actual output. Consequently, global "black gold" stocks remain below multi-year average levels (in particular, U.S. oil inventories stand at about 419 million barrels,... ... administration has indicated its readiness to go further; should there be no changes from New Delhi, the potential for tightening trade restrictions may be considered (some sources report the possibility of doubling the tariff to 50%). The U.S. also does not ...