Major producers Saudi Arabia and Russia have extended supply cuts to the fourth quarter, boosting oil prices to the highest level of 2023 on the prospects of a deficit as OPEC+ members continue to curb output.
Chevron CEO Mike Wirth warns oil prices may climb to $100 a barrel: 'Supply is tightening'
New York Post - 18 Sep 2023 18:33
Major producers Saudi Arabia and Russia have extended supply cuts to the fourth quarter, boosting oil prices to the highest level of 2023 on the prospects of a deficit as OPEC+ members continue to curb output.
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