StreetInsider
Further drop in oil prices may spark OPEC+ to walk back phasing out of cuts: Roth
...in oil prices, but one analyst believes that if prices continue to dwindle or fall below current levels, then the oil cartel could be forced to walk back or delay its plan to phase on output cuts as soon...wouldn't be surprised to see OPEC+ decide to delay bringing back the voluntary cut barrels and announce this move as soon as early August should oil prices remain in...+ announced that it would extend its production cuts of 1.66 million barrels per day, or mbpd, through 2025, and added that is 2.2mbpd voluntary production cuts would continue...
6 days ago