OPEC says glut in oil still exists

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Fraser921
Posts: 3017
Joined: Mon Mar 22, 2021 11:48 am

OPEC says glut in oil still exists

Post by Fraser921 »

OPEC+ extends cuts on crude output to midyear

They want 80+ crude. Crude should open higher tonight, tanker stocks weaker as less crude to ship.
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aja57
Posts: 378
Joined: Sun May 29, 2022 10:35 pm

Re: OPEC says glut in oil still exists

Post by aja57 »

Less crude but shipping rates higher and more days at sea because of the Houthis.
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