Post Tagged with: "production and supply"

Source: Reuters

Oil moves up towards $50/barrel after OPEC+ supply compromise


LONDON  – Brent crude oil futures rose to just under $50 a barrel on Friday as major producers agreed on a compromise to increase output slightly from January but continue the bulk of existing supply curbs to cope with …

December 4, 2020 - 9:30 am Closing Bell Story‎, Crude Oil News, Energy News, OPEC