Why OPEC’s Latest Move Failed to Give Oil Prices a Major Boost?
- Date: 06-Jun-2023
- Source: Nasdaq
- Sector:Oil & Gas
- Country:Saudi Arabia
Why OPEC’s Latest Move Failed to Give Oil Prices a Major Boost?
Top oil exporter Saudi Arabia agreed on Sunday to slash output by an additional one million barrels per day from next month — a move seen as an attempt to boost flagging oil prices that have cooled off due to concerns about a slow