The OPEC+ group is ready to take additional measures and deepen the oil production cuts in the first quarter of 2024 to avoid volatility and speculation on the market
Oil prices dropped on Tuesday, losing for a fourth straight session, amid lingering concerns about the outlook for energy demand, and on disappointment over the quantum of additional output cut announced by OPEC+.
ALBAWABA – The US dollar slipped as oil prices edged slightly higher over the weekend through Sunday on OPEC+'s initial agreement to further cut output
ALBAWABA – Oil prices slid Monday as ambiguity shrouded OPEC+'s decision to enact additional output cuts, while the US Dollar struggled to pare its loss