OPEC+ expected to extend oil supply cuts
naharnet - 12/10/2024 1:06:04 PM - GMT (+2 )
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naharnet - 12/10/2024 1:06:04 PM - GMT (+2 )
The OPEC+ alliance of oil exporting countries will decide Thursday whether to put off plans to pump more crude amid sluggish demand and competing production from non-allied countries -- factors that could keep oil prices stagnant into next year.
Key beneficiaries of that would be U.S. motorists, who have seen gasoline prices fall to their lowest in 2 1/2 years to near $3 a gallon.
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