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OPEC Response to FT article - Sept 26

Posted: Thu Sep 26, 2024 12:29 pm
by dan_s
https://oilprice.com/Energy/Crude-Oil/OPEC-Confirms-it-Has-No-Specific-Price-Target-For-Crude-Oil.html

OPEC+ Confirms it Has No Specific Price Target For Crude Oil
By Julianne Geiger - Sep 26, 2024, 11:00 AM CDT
OPEC+ denies it has a target oil price.
A Financial Times report suggested that Saudi Arabia is ready to abandon its unofficial $100 price target.
OPEC+ has remained focused on balancing the market through voluntary production cuts.