The news out of the meeting of the oil group:That 2mn number is misleading, though, as ANZ point out:the OPEC+ alliance agreed to cut current production quotas by 2mb/d. However, the group will...
OPEC+ is widely expected to announce it'll cut its oil output by 1mn (or more) barrels per day at Wendesday's meeting:Goldman Sachs on why OPEC+ wpould cut:"The collapse in investor participation, driving liquidity...