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Economics Today

OPEC mulls oil supply target hike to calm prices. OPEC is considering raising oil supply targets for the first time since 2007 in a move that could weaken 100 oil prices and lessen the drag of high energy costs on global economic growth. The Organization of the Petroleum Exporting Countries, which pumps more than a third of the worlds oil, may raise supply targets by as much as 1.5 million barrels per day bpd when ministers meet on June 8, two Gulf oil sources told Reuters on Thursday. If this is 1 m.

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Economics Today

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OPEC mulls oil supply target hike to calm prices. OPEC is considering raising oil supply targets for the first time since 2007 in a move that could weaken 100 oil prices and lessen the drag of high energy costs on global economic growth. The Organization of the Petroleum Exporting Countries, which pumps more than a third of the worlds oil, may raise supply targets by as much as 1.5 million barrels per day bpd when ministers meet on June 8, two Gulf oil sources told Reuters on Thursday. If this is 1 m.

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This web page economicstodayy.blogspot.com states the following, "OPEC mulls oil supply target hike to calm prices." We saw that the webpage said " OPEC is considering raising oil supply targets for the first time since 2007 in a move that could weaken 100 oil prices and lessen the drag of high energy costs on global economic growth." It also said " The Organization of the Petroleum Exporting Countries, which pumps more than a third of the worlds oil, may raise supply targets by as much as 1. 5 million barrels per day bpd when ministers meet on June 8, two Gulf oil sources told Reuters on Thursday. If this is 1 m."

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