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All eyes on whether Opec will raise production

IEA sees demand of 95m barrels a day; main driver of oil price in near future expected to be vaccine-related news

Fri, Nov 27, 2020 - 5:50 AM

Neil Behrmannbtnews@sph.com.sg@BusinessTimes

London

MANY investors and speculators who have boosted crude oil prices and energy shares have largely ignored sizeable global oil inventories and a potential rise in supplies.

The key will be the reaction of the Organisation of the Petroleum Exporting Countries (Opec) at their...

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