Potential 2024 OPEC Production Cuts Cause Brief Spike in Oil Prices

2023-12-07 1

On December 5, oil prices briefly spiked after Russia suggested continued OPEC production cuts in 2024. Markets Insider reports that Russian Deputy Prime Minister Alexander Novak warned of more potential production cuts through Q1 of next year.

Videos similaires

Potential 2024 OPEC Production Cuts Cause Brief Spike in Oil Prices

Production cut of OPEC and problems in Venezuela and Iran is causing spike in oil prices

OPEC+ Extends Oil Production Cuts, Raising Concerns of Higher Global Prices. Here's Why That Could Spell Bad News for the Biden’s Re-election Chances

Oil Prices Jump After OPEC Announces Production Cuts

Oil Prices Surge as OPEC+ Production Cuts Extend

Oil Prices Drop Over 3% After OPEC Cuts Demand Forecast. Wall Street Revises Price Targets as OPEC Lowers Growth Targets

Oil prices up as Saudi Arabia imposes price cuts, OPEC increases output

Oil prices up more than 1 percent on OPEC cuts