OPEC agreed 1.2M barrels cut support higher oil price

Oil spike 8% after OPEC agreed cut of production.  A reasonable oil price at USD 60 above does support growth in oil production company like Malaysia.  If oil price is fixed and US the largest Economy grow. Isn’t It will lead the world Emerging markets towards recovery as well? 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Create a free website or blog at WordPress.com.

Up ↑

%d bloggers like this: