OPEC+ policy shift 'casts a bearish shadow' over oil prices for next two years, Deutsche Bank says

It is "inconceivable that the market could absorb anything close" to 2.2 million bpd, Deutsche Bank analyst Michael Hsueh said.

Jun 6, 2024 - 11:00
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OPEC+ policy shift 'casts a bearish shadow' over oil prices for next two years, Deutsche Bank says
It is "inconceivable that the market could absorb anything close" to 2.2 million bpd, Deutsche Bank analyst Michael Hsueh said.