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OPEC+ leaves oil traders with a cliffhanger #opec #energy #shorts
Bloomberg Televisionยท2025-08-04 17:21

A tumultuous two years for global oil markets has come to an end, but traders are now left on a cliffhanger when it comes to OPEC's next move, and that move will help shape what you pay at the pump. We've now seen the last in what was a series of bumper production increases from OPEC plus that's led by Saudi Arabia and Russia. But delegates at the weekend privately emphasized that the next move could just as easily be a hike as a cut.Now, when it comes to consumers, of course, the more barrels in the market ...