Lipow Oil Associates President Andy Lipow spoke with Yahoo Finance anchors Brad Smith and Seana Smith to detail the latest developments on the timing on the OPEC+ meeting which has now been scheduled online plus the outlook for oil prices for the end of 2023 and into 2024.
”OPEC+ plus has been increasing production over the last couple of months led by Iran, Iraq, Angola, and Nigeria and this is at the same time the burden of the oil market falling on Saudi Arabia shoulders with a production cut of two million barrels a day, Lipow says about disagreements in the oil market which have led to delays and impact pricing.
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1 Comment
OIL seems to slump in 2023 as inventory access. Now OIL seem under major pressure. India selling Russia OIL to Europe