OPEC+ Pushes Back Against Wall Street in Showdown Over Oil Markets
By raising output again, the group shows confidence in demand even with China’s wobbling economy.
China Petroleum & Chemical Corp. storage tanks in Hong Kong.
Photographer: Lam Yik/BloombergThis article is for subscribers only.
Welcome to our guide to the commodities powering the global economy. Today, oil reporter Grant Smith details the battle of wills between OPEC+ and traders.
OPEC+ is slugging it out with Wall Street’s biggest names on who knows oil markets best.