07.09.2022 - 19:02 [ Daniel DePetris / Nitter ]

Brent Crude has declined by more than 25% since March, when it hit $127 a barrel. If the U.S. and Iran come around to re-signing the JCPOA, an additional 1m bpd of Iranian crude could enter the market. OPEC+ is taking preparatory steps to ensure prices don’t plummet