BRENT CRUDE roared back to US$40 per barrel for the first time since March yesterday, however in yet another example of the current economic volatility, fell back today as hopes for further OPEC+ cuts were dashed.
Oil prices rallied on optimism that OPEC+ would meet early and extend production cuts of 9.7 million barrels per day. The cuts are due to drop in July to 7.7MMbopd.
ANZ commitment to a strong future
ANZ commitment to a strong future
