| Not saying it will work but Opec + is meeting again to shore up production cuts and support Crude Oil Prices..
One of these days they might actually get the job done..??
https://www.cnbc.com/2020/09/17/opec-meeting-saudi-russia-review-oil-output-cuts-amid-demand-concerns.html
- OPEC and non-OPEC allies, sometimes referred to as OPEC+, held an online meeting on Thursday to review the market and discuss compliance with deep production cuts.
- The meeting comes shortly after OPEC and the IEA, two prominent forecasters, trimmed their 2020 outlook for oil demand.
- “In the current environment, the JMMC [Joint Ministerial Monitoring Committee] emphasised the importance of being pro-active and pre-emptive and recommended that participating countries should be willing to take further necessary measures when needed,” a statement from OPEC said.
Edited by JonSCKs 9/18/2020 07:26
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