Reply To: OPEC Monthly Oil Market Report November 2022


OPEC+ oil supply cuts could push global economy into recession, says IEA

“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”