Tag: opec
Oil prices slump to April lows as demand worries erase gains from OPEC cut
OPEC oil cuts could worsen inflation, hurt global economic growth, IEA warns
Market Extra: Here’s what is really behind OPEC+ oil-production cuts, say energy analysts
An unexpected production cut announced on Sunday by Saudi Arabia and other OPEC+ oil producers adds to strains with U.S.
Market Extra: Oil prices soar after Saudi Arabia leads coordinated OPEC+ cuts totaling more than 1 million barrels a day
A coordinated production cut from some major oil producers will take more than 1 million barrels of oil a day off the market from May.