Reply To: OPEC+ To Cut Crude Oil Production 2 million Barrels Per Day 


OPEC+ oil supply cuts could push global economy into recession, says IEA
IEA remarks in its latest oil outlook report

“The relentless deterioration of the economy and higher prices sparked by an OPEC+ plan to cut supply are slowing world oil demand”

“With unrelenting inflationary pressures and interest rate hikes taking their toll, higher oil prices may prove the tipping point for a global economy already on the brink of a recession”