OPEC

OPEC+ may have to cut its collective oil production targets much further this winter as a recession threatens Europe as it grapples with a severe energy crisis and China shows signs of falling demand of oil. The symbolic reduction of 100,000 barrels per day (bpd) announced this week is largely irrelevant to the equilibrium of …

All eyes are on OPEC+ as oil prices fall below $90 | OilPrice.com Read More »