OPEC+ cuts put $80 floor under oil, says Deloitte

The Organization of Petroleum Exporting Countries and its allies decided last week to slash more than 1 million barrels of daily output starting in May. Article content Andrew Botterill, of Deloitte Canada, talks with the Financial Post’s Larysa Harapyn about the surprise move by the Organization of the Petroleum Exporting Countries ( OPEC ) and its allies to cut production and what it means for oil prices , energy stocks and Canadian crude.

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