Meeting of OPEC+ Increases Oil Prices

Brent Oil




It appears that the situation on the world’s commodity markets has changed once more. Crude oil (CL) prices are rising once more after experiencing a brief decline during the majority of the summer.

Oil and OPEC+

OPEC+ to gather in Vienna

The Organization of Petroleum Exporting Countries’ original thirteen members, along with ten allies who joined the group in 2016, make up the 23-nation cartel known as OPEC+, which is in charge of nine-tenths of the world’s proven petroleum reserves. Crucial choices will be made when this incredibly significant group gathers on Wednesday for its first physical summit in more than two years.

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