Thursday, December 26, 2024
OPEC allies set to ease oil cuts seeing pandemic recovery - Fox Business Video -oilandgas360

OPEC, allies set to ease oil cuts, seeing pandemic recovery – Fox Business Video

Fox Business Oil & Gas Publishers Note: Key Point: “If OPEC clings to restraining production to keep up prices, I think it’s suicidal,” said a person familiar with the Saudis’s thinking. “There’s going to be a scramble for market share, and the trick is how the low cost producers assert themselves without crashing the oil price.”   An alliance of