London — This was supposed to be a time when things were getting closer to normal for the Organisation of Petroleum Exporting Countries (Opec).
A recovery in oil demand after the first wave of the pandemic, coupled with a deep slump in US production, was meant to leave the world needing more of its members’ crude. But it is not turning out like that...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.