As Saudi Energy Minister Prince Abdulaziz bin Salman arrived at the Opec secretariat in Vienna on 5 October to attend the first in-person Opec+ meeting since March 2020, he advised inquisitive journalists to “enjoy the sun.”
But with clouds gathering over the global economy, the move by the Opec+ alliance to cut production targets by 2mn b/d from November was met with outcry in Washington which has for months been calling for more output, not less, to bring down prices. (CONTINUED - 1725 WORDS)