Commodities

Opec cuts could push world into recession, IEA warns

By Abigail Townsend

Date: Thursday 13 Oct 2022

(Sharecast News) - A decision by Opec to cut oil supplies could tip the global economy into recession, the International Energy Agency warned on Thursday.
The cartel and its allies, which include Russia - collectively known as Opec+ - agreed a bigger-than-expected cut in oil production targets on 5 October, causing...

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