No surprise
A delegate cited by Reuters says OPEC has decided to cut. That was largely expected.
Talk of 800K-1mbpd based on Sept or October have been doing the rounds. The 3% drop in oil prices today tells you how the market feels about that.
A delegate cited by Reuters says OPEC has decided to cut. That was largely expected.
Talk of 800K-1mbpd based on Sept or October have been doing the rounds. The 3% drop in oil prices today tells you how the market feels about that.