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The latest OPEC meeting conclusions show that the global economy is not as strong as headlines suggest and that industries all over the world are struggling.
Russia's Energy Minister Alexander Novak (L) and his counterparts from Saudi Arabia Prince Abdulaziz bin Salman (C-L) and the UAE's Suhail Al-Mazroui (C-R) walk out with other delegates after the end of OPEC meeting in Riyadh, on June 2, 2024. Haitham el-Tabel/AFP via Getty Images
The latest OPEC meeting conclusions show that the global economy is not as strong as headlines suggest and that industries all over the world are struggling to recover. Indeed, many manufacturing purchasing managers’ indexes continue to signal contraction.
