Crude oil (CL=F, BZ=F) prices dip following reports that OPEC+ member countries have agreed to cut oil production output by 1 million barrels per day in 2024. Yahoo Finance Senior Reporter Ines Ferré monitors energy market trends on these headlines, including commentary from various analysts and what this may mean for gas prices (RB=F)
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5 Comments
Because OPEC manipulates the market
Great idea
It makes more and more sense to just work at home.
Now you know the true source of inflation that's gripping the world. The rogue oil producing nations can hold us ransom.
US production is causing concerns for these poorer nations. They need higher prices to balance budgets. US should investigate adding new nuclear and “clean” coal to energy mix.