Markets

OPEC+ urges ‘full conformity’ with production cuts, and Saudi Arabia’s energy minister warns market gamblers will be hurt ‘like hell’

The Organisation of Petroleum Exporting Countries and its allies urged “full conformity” with oil production cuts at its online meeting held on Thursday. In a separate news conference, Saudi Arabia’s energy minister warned that those traders who wish to short the oil market would be hurt “like hell.” Saudi’s Prince […]
OPEC+ urges ‘full conformity’ with production cuts, and Saudi Arabia’s energy minister warns market gamblers will be hurt ‘like hell’