
The surprise production cut from OPEC+ continues to stoke concerns around inflation, with brent crude trading over $85 a barrel.

The surprise production cut from OPEC+ continues to stoke concerns around inflation, with brent crude trading over $85 a barrel.

OPEC+ sent oil prices surging after announcing an unexpected cut to production, but some economists say the decision could in fact reflect the weakened position of OPEC in the face of slowing global demand.

Global economic uncertainty has caused many challenges for financial institutions and investors alike over the past quarter.