All Drivers Pay as Biden Seen Reneging on Oil Demand Deal (4)

Analysis, news by Mathew Carr April 3, 2023 — OPEC plus cut supply after the US government reneged on a deal to replenish its strategic oil reserve: FT That non-genuine behavior by America meant market demand was lower than expected. Brent crude rose 5% to $84.05/barrel after OPEC+’s surprise move as of 11am in London. … Continue reading All Drivers Pay as Biden Seen Reneging on Oil Demand Deal (4)