February 2024 Global Commodity Snapshot
Commodities: Global OPEC Oil Output ticked higher to 26.7 million barrels per day (mbpd) in February, as Libyan production recovered. OPEC+ agreed to maintain their -2.2 mbpd output cuts through June. The Saudis additionally extended their voluntary cut of -1.0 mbpd through the same date. Russia pledged to hold…