Are the OPEC production cuts a problem?

Created
Wed, 05/04/2023 - 17:58
Updated
Wed, 05/04/2023 - 17:58
It’s Wednesday and so I have a few items to discuss followed by some music. Many readers have E-mailed me asking about last week’s decision by the OPEC+ cartel to cut production of crude oil by 1.66 million barrels per day. Taken together with the previous cuts (2 millions barrels per day) in October, this…