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Saudis are fed up with OPEC members not meeting oil output goals - report

Saudis are fed up with OPEC members not meeting oil output goals - report
The Saudis are fed up with OPEC members not meeting output goals, according to a Bloomberg report. The Saudi Energy Minister reportedly told Al Arabiya also seeking more transparency from Russia.Those comments might be seen as a warning that if quotas and pledges aren't met, they will flood the market; or at least they won't continue with 1 mbpd cuts beyond July.From where I stand, compliance hasn't been a big issue but there may be games played with exports and production below the surface.I fi... Read More
Posted: Jun 5 2023, 12:52
Author Name: forexlive
Views: 110587

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