RE: Noteworthy News
October 5, 2022 at 6:32 pm
(This post was last modified: October 5, 2022 at 6:36 pm by Anomalocaris.)
(October 5, 2022 at 1:30 pm)Fake Messiah Wrote: News of the hour is that OPEC and its allies, including Russia, agreed to slash oil production by two million barrels a day in an effort to bolster prices.
The effort to form a financial and insurance cartel to to effectively limit the prices the Russians can charge for oil exports to China and india badly hurts the rest of the OPEC. This is probably in part a shot across the bow.