OPEC+ is facing a ‘very delicate, fragile balancing act’ in the oil market, strategist says

OPEC and its allies need to find a balance between supporting oil prices and keeping U.S. crude production at bay, a strategist told CNBC this week as the oil-producing group starts to roll back supply cuts.

Read more at https://www.cnbc.com/2020/08/03/oil-opec-is-facing-a-very-delicate-fragile-balancing-act.html