ICYMI: OPEC+ oil supply cuts can "absolutely" continue past Q12024 said Saudi oil ministerAdam had the news during the US session, and it's a biggie ICYMI:
A little more from Saudi Energy Minister Price Abdulaziz bin Salman (try saying that with a mouth full of M&Ms):
- production cuts of 2.2 mn bbls/day agreed last week will only be withdrawn through a "phased-in" approach based on market conditions
- "I honestly believe that the delivery of the 2.2 million will happen"
Oil price update:
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: ICYMI: OPEC+ oil supply cuts can "absolutely" continue past Q12024 said Saudi oil minister (https://www.forexlive.com/news/icymi-opec-oil-supply-cuts-can-absolutely-continue-past-q12024-said-saudi-oil-minister-20231204/)
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