OPEC and Russia May Ease Oil Production Cuts
Published
As lockdowns ease, the Saudis and their allies see room to increase their output. But the spread of the virus “is casting a shadow” over their plans.
Full ArticlePublished
As lockdowns ease, the Saudis and their allies see room to increase their output. But the spread of the virus “is casting a shadow” over their plans.
Full Article· Oil major Shell reported a net loss of $18.1 billion in Q2 compared to $3.2 billion net income in Q2 2019.
· That was..
Negotiations were relatively smooth, and OPEC+ did not deliver any major surprises when it agreed to ease the production cuts..