Oil prices rally as Opec+ considers biggest output cut since Covid-19 lockdown

Previous meeting resulted in a cautious 100,000 bpd cut but mood is changing

Opec: expects global oil consumption to average 100 million bpd in 2022.
Opec: expects global oil consumption to average 100 million bpd in 2022.Photo: REUTERS/SCANPIX
Published 3 October 2022, 13:27Updated 4 October 2022, 09:41