What Will OPEC Choose For 2021?

Capt. John

Oil prices have held relatively steady in recent months around $40 per barrel. This is not a bad level, as far as OPEC+ is concerned, because at that price most all U.S. oil drillers are effectively insolvent, and U.S. oil supply will continue to drop, from roughly 10.5 million barrels per day—down...

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