OPEC+ panel out with output recommendations
An OPEC+ panel is out with some recommendations:
- suggests ministers consider delaying output hike
- suggest3-6 month delay to output hike
- Panel sees oil price risks skewed to the downside due to Covid
The price of crude oil is up a dollar 30 or 3.22% of $41.43 today on vaccine news from Moderna. The high price has reached $42.09. The low price extended to $40.15