OPEC Struggles to Maintain Control Over Oil Prices

Despite deep production cuts, OPEC is struggling to hold oil prices high amid concerns over global demand growth and elevated stocks. The international oil cartel, along with its allies known as OPEC+, is set to meet on June 2 to discuss their joint production policy.  Sources suggest that the group may decide to extend voluntary … Continue reading OPEC Struggles to Maintain Control Over Oil Prices