Oil keeps climbing on hopes OPEC+ will hold back supply as COVID-19 cases rise - THEMARKETTRENDZ

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Wednesday, 11 November 2020

Oil keeps climbing on hopes OPEC+ will hold back supply as COVID-19 cases rise

Algeria's energy minister said on Wednesday that OPEC+ - grouping the Organization of the Petroleum Exporting Countries (OPEC) and other suppliers including Russia - could extend current production cuts of 7.7 million barrels per day (bpd) into 2021, or deepen them further if needed.

from Commodities-Markets-Economic Times
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