Opec+ still short of meeting target


Energy issue: A customer refuels a vehicle in Kentucky. The current high price of oil will be deterring importers from replenishing stocks, meaning the issue of low inventory levels is likely to persist. — Bloomberg

LAUNCESTON: The latest meeting of the Opec+ group of oil exporters apparently took just 16 minutes to decide to stay on their current course.

Perhaps they should have spent more time working out how they will actually meet their production targets.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Opec+ , oil , price ,

Next In Business News

Sunway’s surprise bid puts IJM in play
Luxury real estate trends in 2026
Jakarta set to rise
China’s gold rush continues
Enhance local content terms
Singapore roars into the new year
SC Estate Builder’s hotel acquisition under scrutiny
Department stores bet on experiences
FROM BANGSAR TO BEYOND
Asia to lead next AI wave

Others Also Read