Crude oil prices could rise further if OPEC+ stops adding barrels to global supply, which is a possibility after the cartel's next meeting, according to the Kuwaiti oil minister. "The markets are slowing. Since COVID-19 has begun its fourth wave in some areas, we must be careful and reconsider this increase. There may be a halt to the 400,000 (bpd) increase," said Mohammad Abdulatif al-Fares, as quoted by Reuters. OPEC+ had agreed to boost oil production by 400,000 bpd every month beginning August until the group's combined output reached pre-agreement…
Hence then, the article about oil could rise further as opec suggests keeping output cuts in place was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Oil Could Rise Further As OPEC Suggests Keeping Output Cuts In Place )