3 days ago
Vakhshouri: OPEC a Stabilizing Factor in Oil Market
Oil was trading slightly lower ahead of an OPEC+ meeting on July 6 that is set to deliver another oversized production hike. The alliance is discussing a further increase of more than 400,000 barrels a day from August which risks causing a supply glut later in the year. Dr. Sara Vakhshouri President & Founder at SVB Energy International spoke to Bloomberg's Lizzy Burden on Horizons Middle East and Africa about the upcoming meeting. (Source: Bloomberg)