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Published 16 days ago

Oil-Watchers Expect OPEC+ To Extend Supply Cuts Into Second Half

Summary by Bloomberg
(Bloomberg) -- OPEC+ is expected to prolong oil output cuts into the second half of the year as it seeks to stave off a global surplus and shore up prices.Saudi Arabia and its partners have been keeping roughly 2 million barrels-a-day offline this year, and will meet on June 1 to consider whether to continue. Crude prices soared last month on fears that conflict in the Middle East could disrupt oil supplies, stirring talk that OPEC+ might revive…

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Financial PostFinancial Post

Oil-Watchers Expect OPEC+ to Extend Supply Cuts Into Second Half

OPEC+ is expected to prolong oil output cuts into the second half of the year as it seeks to stave off a global surplus and shore up prices.

16 days ago·Canada
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BloombergBloomberg

Oil-Watchers Expect OPEC+ To Extend Supply Cuts Into Second Half

(Bloomberg) -- OPEC+ is expected to prolong oil output cuts into the second half of the year as it seeks to stave off a global surplus and shore up prices.Saudi Arabia and its partners have been keeping roughly 2 million barrels-a-day offline this year, and will meet on June 1 to consider whether to continue. Crude prices soared last month on fears that conflict in the Middle East could disrupt oil supplies, stirring talk that OPEC+ might revive…

16 days ago·United States
Read Full Article
RigzoneRigzone

Oil Watchers Expect OPEC+ to Extend Supply Cuts Into H2

OPEC+ is expected to prolong oil output cuts into the second half of the year.

16 days ago
Read Full Article
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