Can OPEC+ Boost Oil Prices Next Year?
OPEC+ will have to factor in many variables in its market-managing policies next year, including a fresh threat to its market share from soaring U.S. and non-OPEC+ production.
Source: oilprice.com
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Baystreet.ca - Can OPEC+ Boost Oil Prices Next Year?
OPEC+ disappointed the oil bulls last week by announcing voluntary cuts from several producers and failing to agree on a group-wide supply reduction, at least for the first quarter of 2024, when demand is typically at its lowest. The alliance and ...
Source: baystreet.ca