News

Oil Surges After OPEC+ Shuns Biden With Small Output Hike, Signals "Severely Limited Excess Capacity"

Oil Surges After OPEC+ Shuns Biden With Small Output Hike, Signals “Severely Limited Excess Capacity” Update (0900ET): OPEC+ just released its full statement and explicitly notes its limited ability to increase production (due to capacity constraints) from here: (emphasis ours) The 31st OPEC and non-OPEC […]

 18 total views