OPEC+ cartel’s grip on oil market loosening: IEAThu, 14 Dec 2023 09:20:30 GMT
Slowing demand growth and rising US crude production will make it more difficult for OPEC+ to continue to prop up prices, the IEA said on Thursday.The OPEC+ cartel, led by Saudi Arabia and Russia, has been restraining production to maintain prices but the latter have recently slumped due to the weakening of the global economy …
OPEC+ cartel’s grip on oil market loosening: IEAThu, 14 Dec 2023 09:20:30 GMT Read More »