Asian oil buyers expect cancelled OPEC+ meeting to drive crude oil prices even higher and hurt margins

Asian oil buyers expect cancelled OPEC+ meeting to drive crude oil prices even higher and hurt margins
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07.07.2021

MOSCOW (MRC) -- Crude oil buyers in Asia are concerned that an unexpected cancellation of an OPEC+ meeting to discuss a rise in output could drive oil prices even higher and hurt their margins, reported Reuters.They are now awaiting Saudi Arabia's official selling prices (OSPs), which were delayed until after the OPEC+ meeting and set the tone for prices of a majority of Middle East crud

Full article at mrcplast.com

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