BBCNEWS BBC News November 24, 2021 02:09:00
Happens injanuary. the oil went in the market until mid—december, 0pec is deciding what it wants to do forjanuary delivery, and it is a question of whether you think demand will be and how big a surplus will be and how big a surplus will there be. what is really significant about this is you have all the major consuming nations doing some contribution to a stock release to signal to opec to a stock release to signal to 0pec plus the customers are unhappy, the consumer nations have power and that 0pec have been bad managers during this crisis by not easing up when the market really needed mor...