Author archives: Edward Hutton

Oil Through the Looking Glass 16/7/20

*OPEC Eases Oil Cuts OPEC+ Joint Ministerial Monitoring Committee agreed on July 15 to taper production cuts from the current 9.7 million b/d to 7.7 million b/d from August. The main motivation behind this decision was confidence about recovering global demand, aided by seasonal consumption in many OPEC countries in the Middle East where peak …

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