-0.3 C

Baseline issue raised by UAE has not been resolved during JMMC

Must read

Problems still at oil meetings

The baseline issues raised by the UAE has not been resolved during the JMMC, according to sources.

Problems still at oil meetings

All member countries at the JMMC have been supporting an ease of output cuts of the 400K BDP per month from August to December (total easing of 2M BPD by December). 

If there is no agreement, the output levels would be maintained.

WTI crude oil is trading around $75 currently. That is below the highs from yesterday at $76.20. The high price today could only extended to $75.62.

OPEc INtel

Invest in yourself. See our forex education hub.

Source link

- Advertisement -spot_img

More articles


Please enter your comment!
Please enter your name here

- Advertisement -spot_img

Latest article