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OPEC+ reassures markets on supply agreements

Brent crude is languishing below $80 a barrel, on course to end the week lower following the OPEC+ decision last Sunday to gradually return supply to the market from October. The decision to restore about 2 million barrels a day of supply that has been voluntarily withheld to prop up prices has alarmed some traders who say there is limited evidence of an improvement in demand. For more analysis on the market, CNBC Africa is joined by Mazen Salhab, Chief Market Strategist, MENA, BBSwiss.
Fri, 07 Jun 2024 16:12:25 GMT