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OPEC+ Meeting: What's Next for Oil Prices

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OPEC+ Meeting: What’s Next for Oil PricesOil prices jumped right after OPEC+ surprisingly decided to keep production essentially unchanged for April during last week’s Thursday meeting.
Mar 10, 2021 11:56 AM GMT
Saudi Arabia also said that it would extend its one million barrels per day voluntary production cut into April, encouraged allied partners to remain “extremely cautious” on production policy, and warned the group against complacency as it seeks to ensure a full oil market recovery. Saudi Arabia remains the core force behind the market management strategy and is by far the most cautious out of all member states. ....

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