OPEC moves could hit east coast gas price: EnergyQuest

OPEC meets tomorrow in Vienna with the outcome awaited globally after an oil price fall of 30% over two months, with expectations high the cartel will further cut production to prevent more of a price slide, with impacts expected to be felt around the world and as far as Australia’s east coast domestic gas market. 

OPEC moves could hit east coast gas price: EnergyQuest OPEC moves could hit east coast gas price: EnergyQuest OPEC moves could hit east coast gas price: EnergyQuest OPEC moves could hit east coast gas price: EnergyQuest OPEC moves could hit east coast gas price: EnergyQuest

Critical cartel meeting begins in Vienna tomorrow

However the US wants to keep prices low so what kind of cut Saudi Arabia will agree to, or if it will agree at all, is the key. 

 

Cut too deeply and it will ...