Opec+ weighing possible delay to planned October supply increase, as oil hits new lows

Analysts noted that with demand growth uncertain and significant supply outages looking unlikely, Opec+ might find it challenging to unwind the production cuts steadily

Opec secretary general Haitham Al Ghais.
Opec secretary general Haitham Al Ghais.Photo: AFP/SCANPIX
Published 5 September 2024, 04:46Updated 5 September 2024, 07:41
OpecRussiaRystad EnergyINGBrent Crude