Oil Outlook: Why OPEC's Production Cuts Haven't Boosted Prices

Oil Outlook: Why OPEC's Production Cuts Haven't Boosted Prices

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Oil prices moved lower on Monday for the third consecutive session even as OPEC+ cut production. • The outlook for global oil demand has weakened, and crude prices have dropped two months in a row. • Meanwhile, energy firm Kpler expects Saudi Arabia to keep its 1 million barrel-a-day cuts through…

#kpler #saudiarabia #mattsmith #guyana #brazil #venezuela #iran #opec #craigerlam #oanda

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