OPEC + can't pump enough....they missed their target again. Lack of investment got us here....this isn't getting any better....supply crunch continues and Oil $83

Reference:
https://www.bloomberg.com/news/articles/2021-10-18/opec-once-again-fails-to-pump-enough-to-meet-its-output-target?sref=866aH6XX

"
OPEC+ Once Again Fails to Pump Enough to Meet Its Output Target"

"OPEC and its allies once again failed to pump enough oil to meet their output targets, exacerbating the supply deficit as the world recovers from the coronavirus pandemic.

OPEC+ cut its production 15% deeper than planned in September, compared with 16% in August and 9% in July, according to delegates with knowledge of the matter. "