OPEC+ makes shock million-barrel oil production cut causing new inflation isk

OPEC+ makes shock million-barrel cut in new inflation risk

OPEC+ announced a surprise oil production cut of more than 1 million barrels a day, abandoning previous assurances that it would hold supply steady and posing a new risk for the global economy.

OPEC+ makes shock million-barrel oil production cut causing new inflation isk

OPEC+ announced a surprise oil production cut of more than 1 million barrels a day, abandoning previous assurances that it would hold supply steady and posing a new risk for the global economy. The post OPEC+ makes shock million-barrel oil production cut causing new inflation isk appeared first on Energy Voice.

OPEC+ makes shock million-barrel cut in new inflation risk

It’s a significant reduction for a market where — despite the recent price fluctuations — supply was looking tight for the latter part of the year.

OPEC+ Makes Shock Million Barrel Cut

OPEC+ announced a surprise oil production cut of more than one million barrels a day.

OPEC+ Makes Shock Million-Barrel Cut in New Inflation Risk

OPEC+ announced a surprise oil production cut of more than 1 million barrels a day, abandoning previous assurances that it would hold supply steady and posing a new risk for the global …