Post

Is A New Oil Price War Looming?

Downvote
oilprice.com/Energy/Energy-General/Is-A-New-Oil-Price-War-Looming.html

With Saudi Arabia shouldering the majority of the burden when it comes to cuts, there are fears that another oil price war could break out.
Meanwhile, U.S. crude oil production continues to break records as it takes advantage of high oil prices.
Division and dissent within OPEC+ over deeper production cuts led to an unconvincing announcement last week which pushed prices…

This story from oilprice.com was posted on 2023-12-05 by @polaris.

Comments

The Entire Business World on a Single Page. Free to Use →