International News-NO PICS

Will OPEC+ Cut Production In Early 2023?

The OPEC narrative for 2022 was largely about the realities of supply and demand against the backdrop of a post-pandemic war that sparked sanctions and a European energy crisis with the counterweight of a Chinese covid crisis.  From the Saudi standpoint, OPEC’s move to cut production by 2 million barrels per day in November last year – while highly controversial in Washington – served to stabilize the market. From the U.S. standpoint, it was all about politics, at a time when the Biden administration had been doing everything in its…For Feedback and Comment, write to us on hello@newswire.ae

admin.newswire

admin.newswire

About Author

Leave a comment

Your email address will not be published. Required fields are marked *

You may also like

International News-NO PICS

BP Still In Spotlight Over Incomplete Russia Exit

Since Russia’s invasion of Ukraine On February 24, 2022, multinational companies have come under intense pressure from investors and consumers
International News-NO PICS

The E.U. And China Are Barreling Toward a Political Standoff Over COVID-19

BRUSSELS — The European Union and China on Tuesday moved closer to a political standoff over the COVID-19 crisis, with