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OPEC+ Production Cuts Will End Profitable Crude Oil Tanker Journeys

Members of OPEC and allies (OPEC+), agreed to a historic production cut of 9.7 million barrels of crude oil per day (m/bpd) to reduce the massive production overhang and set a price floor to limit the fall in oil prices. The production cut is however not believed to be enough to offset the drop in ...

WP_Post Object ( [ID] => 224234 [post_author] => 78 [post_date] => 2020-04-20 21:00:58 [post_date_gmt] => 2020-04-20 21:00:58 [post_content] => Members of OPEC and allies (OPEC+), agreed to a historic production cut of 9.7 million barrels of crude oil per day (m/bpd) to reduce the massive production overhang and set a price floor to limit the fall in oil prices. The production cut is however not believed to be enough to offset the drop in ... [post_title] => OPEC+ Production Cuts Will End Profitable Crude Oil Tanker Journeys [post_excerpt] => Members of OPEC and allies (OPEC+), agreed to a historic production cut of 9.7 million barrels of crude oil per day (m/bpd) to reduce the massive production overhang and set a price floor to limit the fall in oil prices. The production cut is however n... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => opec-production-cuts-will-end-profitable-crude-oil-tanker-journeys [to_ping] => [pinged] => [post_modified] => 2020-04-20 21:00:58 [post_modified_gmt] => 2020-04-20 21:00:58 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hellenicshippingnews.com/?p=814213 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )