Producer block and allies will meet virtually on December 4th

Russian flows uncertain due to sanctions, price cap

$60/b G7 price cap above current Ural valuations

OPEC will maintain its production quotas as planned until the end of 2023, Iraqi Oil Minister Hayan Abdul-Ghani said on December 3, a day before the bloc’s much-anticipated meeting with its allies to review production policies in the face of EU sanctions on Russian Crude Oil and the Price of the G7…

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