OPEC and its allies appear intent on turbocharging the tightening of the oil market, agreeing to largely leave their hefty production cuts unchanged for April – including Saudi Arabia’s extra 1 million b/d curtailment. Receive daily email alerts, subscriber notes & personalize your experience. Register Now In making such a deal, the OPEC+ alliance heeded Saudi energy minister Prince Abdulaziz bin Salman’s calls to keep a tight hold on oil supply, despite warnings from analysts and key consuming countries that the market rally risks impairing a global economy still reeling from the pandemic. But it is that economic uncertainty that prompted the producer group to maintain its cuts instead of unleashing production, delegates said, with many potential […]