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A comment on Oil plunges as much as 17% as UAE says support output hike. Parent comment

Re:Oil plunges as much as 17% as UAE says support output hike by aliyfarah on Wednesday March 09, 2022 @04:02PM (#30619905)
OPEC oil ministers know that very high oil prices (120+) is against their interest as it will effect long term demand and accelerate decarbonisation efforts.
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Re:Oil plunges as much as 17% as UAE says support output hike by missedthecue on Wednesday March 09, 2022 @08:09PM (#30622076)
What's the most effective price point for them then?
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Re:Oil plunges as much as 17% as UAE says support output hike by londons_explore on Wednesday March 09, 2022 @10:22PM (#30622898)
If they knew that, they'd price-fix the oil to be exactly that all the time.
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