Opec+ still short of meeting target


Energy issue: A customer refuels a vehicle in Kentucky. The current high price of oil will be deterring importers from replenishing stocks, meaning the issue of low inventory levels is likely to persist. — Bloomberg

LAUNCESTON: The latest meeting of the Opec+ group of oil exporters apparently took just 16 minutes to decide to stay on their current course.

Perhaps they should have spent more time working out how they will actually meet their production targets.

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