One part of the OPEC production deal isn’t going according to plan
The main reason for the OPEC deal was to freeze production so that demand eats into the glut of supplies. That’s all well and good until the glaring floor in the plan comes home to roost, i.e demand doesn’t grow or worse, it drops.
How’s that oil demand picture looking OPEC? – India’s demand at the lowest for 13 years
