OPEC+ Plays Hard Ball With Oil Production Cuts

Salih Yilmaz, Analyst, Bloomberg Intelligence

07-Oct-22 07:30

OPEC+ Plays Hard Ball With Oil Production Cuts

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OPEC+ members agreed to impose production cuts of up to 2 million barrels per day in a bid to keep oil prices elevated. This is the most significant round of cuts since 2020. What does this mean for oil prices? Salih Yilmaz, analyst at Bloomberg Intelligence, gives us that answer.

Produced by: Shazana Mokhtar

Presented by: Shazana Mokhtar, Wong Shou Ning

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Categories: markets, Corporates, international

Tags: opec+, oil prices, oil production cut, opec production cuts,

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