Brent Crude Zooms Towards $100 As OPEC+ Leaks That It May Cut Production Again

Brent Crude Zooms Towards $100 As OPEC+ Leaks That It May Cut Production Again

OilPrice.com

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Two months ago, we said that with oil tumbling from its post-Ukraine war highs, it's only a matter of time before OPEC+ makes a mockery of the Biden-MBS "amicable" fistbump... ... and resumes cutting output. With the Fed now set to crush the U.S. economy in order to eliminate demand for the primary source of inflation - oil - OPEC+ will soon be cutting output — zerohedge (@zerohedge) June 16, 2022 And then, just 2 weeks ago, we followed up with the clearest hint yet that OPEC is about to cut output in "OPEC Sets The Stage For Output…

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