Category: OPEC
-
OIL and Inflation
https://www.investing.com/news/commodities-news/crude-oil-surges-higher-helped-by-us-cpi-opec-report-3104289 World consumption will exceed supplies by roughly 2.7 million barrels a day next month, a report from OPEC indicated on Tuesday, and if the de facto leader of the group decided to extend the reduction for the whole third quarter, it would be the biggest deficit since 2021. The International Energy Agency, which advises…