Why Are Oil Prices Dropping? OPEC Bows To Global Pressure To Increase Oil Supply

Getty Images Update 08/31/2022 In the original article below we covered OPEC’s increase in production, and explained how this was likely to help prices fall over the coming months. Well, that’s exactl...

OPEC Bows To Global Pressure To Increase Oil Supply

Getty Images Key Takeaways The price of crude oil continues to rise and hit new highs on the back of significant demand post-Covid19 OPEC has agreed to increase their oil output to 648,000 barrels a d...