OPEC+ wants to maintain oil output cuts beyond June, sources say

Capt. John

OPEC and its allies want to maintain existing oil cuts beyond June when the OPEC+ group is next due to meet to shore up prices and demand, which has been hit by the coronavirus pandemic, four OPEC+ sources said. Global oil demand has slumped by about 30% as the crisis has curtailed travel and...

https://www.hellenicshippingnews.com/opec-wants-to-maintain-oil-output-cuts-beyond-june-sources-say/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon