Oil producer group OPEC+ surprises energy markets with a small production cut - Printable Version

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Oil producer group OPEC+ surprises energy markets with a small production cut - Levin - 06-09-2022

PUBLISHED MON, SEP 5 20228:36 AM EDT UPDATED MON, SEP 5 20221:18 PM EDT

Sam Meredith

• OPEC and non-OPEC partners, an influential energy alliance known as OPEC+, decided to cut production targets by about 100,000 barrels per day from October.
  

• Energy analysts had broadly expected the group to stay the course with its production policy.
  

• It comes amid a bitter energy dispute between Russia and the West, with many in Europe deeply concerned about the prospect of recession and a winter gas shortage.
  

https://www.cnbc.com/2022/09/05/oil-opec-surprises-energy-markets-with-a-small-production-cut.html

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RE: Oil producer group OPEC+ surprises energy markets with a small production cut - cityhantam - 06-09-2022

Good luck to Europe!

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RE: Oil producer group OPEC+ surprises energy markets with a small production cut - Migrant - 06-09-2022

Biden throw face. 
Went to ask for higher production, now got slap.

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