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,...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page