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Tag Archives: demand disruptions

OPEC’s Risky Position: Supply-Demand Balance Required

Mohamed Abdelhamid Commodities, Daily Economic Reports, Economic Report, Market Update

The OPEC+ alliance, comprising major oil producers like Russia and OPEC members, faces a precarious balancing act. The group must carefully navigate the complexities of maintaining market stability and ensuring the financial security of its members, especially after the recent decision to increase oil production starting in October. This decision …

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