OPEC+ CONTINUED REDUCTIONS
PLATTS - 04 Mar 2021 - OPEC and its allies appear intent on turbocharging the tightening of the oil market, agreeing to largely leave their hefty production cuts unchanged for April - including Saudi Arabia's extra 1 million b/d curtailment.
In making such a deal, the OPEC+ alliance heeded Saudi energy minister Prince Abdulaziz bin Salman's calls to keep a tight hold on oil supply, despite warnings from analysts and key consuming countries that the market rally risks impairing a global economy still reeling from the pandemic.
Log in to read the publication.
An authorized user gets access to four FREE publications per month.
You can also buy a full access to all publications of the site since January 2014.