OPEC+ speculation drives oil market volatility
Oil prices are bouncing back as OPEC+ members continue to reject reports of an output hike at the next meeting. An announcement from the G7 around the Russian oil price cap is due any day now and could complicate the group's mission to balance supply and demand in the market, especially if the Kremlin responds by slashing exports to participating countries, as they've threatened.
That Russia is a key member of the alliance seriously complicates matt
22-11-2022 11:11 GMT
by Craig Erlam
