OPEC+ delays supply restart again as crude prices struggle

Quick Summary:

"OPEC+ showed it couldn’t ignore the current macroeconomic economic realities centered on China and Europe, which point to weaker oil demand growth.

“OPEC+ showed it couldn’t ignore the current macroeconomic economic realities centered on China and Europe, which point to weaker oil demand growth.

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Article Details

Author / Journalist: Grant Smith, Salma El Wardany, Bloomberg

Category: EconomyBusiness

Markets: United StatesBrazilCanadaChinaGuyanaIraqIsraelKazakhstanSaudi ArabiaUkraine

Topics: Oil Russia Crude oil OPEC Oil Prices

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-03 @ 23:34:40 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 22 words

Reading Time: 1 minutes read

Sentences: 23 lines

Sentence Length: 1 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 23386497

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About Fortune

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Official Website: fortune.com

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Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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