Eurasia Group analysts believe that without an extra 1M bbl/...

Moomoo AI Nov 28, 2023 06:55

Eurasia Group analysts believe that without an extra 1M bbl/day cut and extension of Saudi voluntary measure, oil prices might drop to mid or low $70s from $80/bbl. They also express concerns about OPEC+ cohesion.

Saudi Arabia Wants OPEC+ Members to Cut Oil Production Quotas - Bloomberg

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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