OPEC+ can’t cut oil production enough to push crude prices higher, energy expert says

Capt. John

Oil prices have been edging higher this week, but there’s not much OPEC+ can do to lift prices beyond this point, one energy expert said. That’s because the US has been producing boatloads of oil, notching record levels of production and crude oil exports. “OPEC+ just can’t cut enough to sustain a...

https://www.hellenicshippingnews.com/opec-cant-cut-oil-production-enough-to-push-crude-prices-higher-energy-expert-says/

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