It begins...

Post Reply
aja57
Posts: 336
Joined: Sun May 29, 2022 10:35 pm

It begins...

Post by aja57 »

"OPEC+ members in Vienna have agreed to extend crude production cuts into 2024.

In a statement, the cartel said that it was acting “ to achieve and sustain a stable oil market,” and that it was continuing its recent approach of being “proactive, and pre-emptive.”

Additionally, Saudi Arabia committed to an additional voluntary cut of 1 million barrels per day as part of this agreement, adding that they "will do whatever is necessary" to stabilize the oil market.

https://www.zerohedge.com/energy/opec-discussing-1-million-bpd-output-cut
Post Reply