OPEC+ impasse risks price war as demand surges, says IEA

Capt. John

Stalled talks by top oil producers over releasing more supply could deteriorate into a price war just as COVID-19 vaccines are sending demand for oil surging, the International Energy Agency (IEA) said on Tuesday. “The possibility of a market share battle, even if remote, is hanging over markets,...

https://www.hellenicshippingnews.com/opec-impasse-risks-price-war-as-demand-surges-says-iea/

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