‼️ ‼️ OIL PRICE WAR?!
Reuters reporting that oil production hikes by OPEC+ could accelerate if “voluntary compliance” doesn’t improve.
Too bad Kazakhstan can’t do very much to bring itself to heel!
www.reuters.com/business/ene...
reuters.com
OPEC+ to further speed up oil output hikes, three sources say
OPEC+ plans to further accelerate oil output hikes and possibly unwind 2.2 million barrel per day of voluntary cuts through October 2025 if members of the group don't improve compliance with their production quotas, three OPEC+ sources said.