OPEC+ Considers New Production Cuts Amid Middle East Conflict
TL;DR
OPEC and its Russia-led allies are considering new oil production cuts of up to 1 million barrels a day, which could be announced at a virtual meeting on Thursday. Despite tensions in oil markets due to the conflict in the Middle East, the move is expected to raise oil prices.
Topics:top-newsenergy#energy#middle-east-conflict#oil-prices#oil-production-cuts#opec#virtual-meeting
- OPEC+ Mulls New Oil Production Cuts Amid Middle East Conflict - WSJ The Wall Street Journal
- In a Shaky Oil Market, OPEC Has Bitter Decisions to Make The New York Times
- Oil prices bubble ahead of OPEC meeting Fox Business
- Crude Oil Futures: Further upside not favoured FXStreet
- Oil Prices Extend Gains as Market Awaits Key OPEC Meeting OilPrice.com
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