OPEC and its partners are poring over oil market forecasts and scenarios, buoyed by what Secretary General Mohammed Barkindo called an “overall brighter picture” in the world’s battle against COVID-19 but without a consensus so far on how to set August production levels. The 23-country OPEC+ alliance is scheduled to convene July 1 for what …
The post Still hazy on the oil market’s outlook, OPEC+ prepares to negotiate August output quotas first appeared on Hellenic Shipping News Worldwide. ...