Here’s Why OPEC+ Didn’t Respond To U.S. Calls For More Oil — Irina Slav

Summary:
Russia’s Deputy PM and top OPEC+ negotiator Alexander Novak explains in a recent interview why the group decided not to heed the U.S. call for more productionNovak: Oil production companies must plan their investments ahead of time in order to secure production growthNovak, like many observers, downplayed the effect of the SPR release…. OilpriceHere’s Why OPEC+ Didn’t Respond To U.S. Calls For More OilIrina SlavRelatedZero HedgeLNG Cargoes Enter Europe As British Power Bills To Remain High Until 2023Tyler Durden

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