OPEC+ Won’t Boost Oil Supply as Russia Cuts, Delegates Say

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The logo of the Organization of Petroleum Exporting Countries (OPEC) on a sign at at the OPEC headquarters in Vienna, Austria, on Wednesday, Aug. 17, 2022. Global oil markets face high risk of a supply squeeze this year as demand remains resilient and spare production capacity dwindles, the new head of OPEC said. Photographer: Akos Stiller/Bloomberg

The logo of the Organization of Petroleum Exporting Countries (OPEC) on a sign at at the OPEC headquarters in Vienna, Austria, on Wednesday, Aug. 17, 2022. Global oil markets face high risk of a supply squeeze this year as demand remains resilient and spare production capacity dwindles, the new head of OPEC said. Photographer: Akos Stiller/Bloomberg



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