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Home / OPEC+ oil producers' alliance postpones production increases as crude prices stagnate

OPEC+ oil producers' alliance postpones production increases as crude prices stagnate

Posted on December 5, 2024December 5, 2024 by admin

Eight members of the OPEC+ alliance of oil exporting countries decided Thursday to put off increasing oil production as they face weaker than expected demand and competing production from non-allied countries — factors that could keep oil prices stagnant into next year.
Source: ctv business
OPEC+ oil producers’ alliance postpones production increases as crude prices stagnate

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