Oil Declines After OPEC+ Agrees to Boost Production Into 2022

Bloomberg2021-07-19

Oil eased after OPEC+ agreed to boost production into 2022, resolving an internal dispute that had shaken the alliance. Brent crude declined 0.5% after losing 2.6% last week, while West Texas ...

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Comments

  • CM_clement
    2021-07-19
    CM_clement
    Not good for energy stocks
  • waichan
    2021-07-19
    waichan
    Good
  • Choonhowe
    2021-07-19
    Choonhowe
    Good
  • robot1234
    2021-07-19
    robot1234
    Oil has a fantastic run since beginning of the year, average up over 40% from around USD50 to USD70. Good to take a pause with increase production to help mitigate potential inflation. US June consumer price index was up 5.4%, highest in 13 years
  • loneraze
    2021-07-19
    loneraze
    Like n comment
  • SHAJ
    2021-07-19
    SHAJ
    Need more oil for those space flights.
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