News on Oil – On July 14, the Ministerial Monitoring Committee of OPEC+’s production oversight will gather via a conference call to assess whether members has followed through on the agreed supply cuts. This will be followed where the production cuts will be extended into August with 9.6mio barrels/day or the original plan of 7.7mio barrels per day.
Many are hoping that what took place in their meeting in March – that is a lack of coordination and internal discontent – will not take place again as it could result in higher than usual price swings in Brent.
Either way, let’s keep both our eyes on oil.
إخلاء المسؤولية: الآراء الواردة هنا تعبر فقط عن رأي الكاتب، ولا تمثل الموقف الرسمي لـ Followme. لا تتحمل Followme مسؤولية دقة أو اكتمال أو موثوقية المعلومات المُقدمة، ولا تتحمل مسؤولية أي إجراءات تُتخذ بناءً على المحتوى، ما لم يُنص على ذلك صراحةً كتابيًا.
اترك رسالتك الآن