Tag: OPEC oil production
Oil Prices Surge to One-Week High After OPEC+ Delay | Forexlive
Oil prices surged to a one-week high after OPEC+ decided to extend voluntary production curbs for another month. This decision caused oil to gap 80 cents higher at the Asian open and continue its...
How to Identify Signs of Saudi Arabia Flooding Market with Cheap Oil | Forexlive
Saudi Arabia is considering increasing oil production, as reported by Dow Jones and Market Watch. This move could potentially flood the market with cheap oil. The reason behind this possible decision lies in the...