How OPEC’s unexpected oil cut will impact gas prices

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The recent announcement by OPEC and its allies to cut oil production will have a direct impact on US gas prices. OPEC+ declared a reduction of over 1.6 million barrels a day from May through the end of the year, causing Brent crude futures and WTI to surge by approximately 6% in Monday’s trading.

This move by OPEC will not only affect oil prices but also influence gasoline futures, which will promptly impact US drivers. RBOB, the primary wholesale gasoline price gauge, experienced an increase of about 8 cents per gallon, or roughly 3%, during morning trading.

With the potential rise in gas prices, it is essential for businesses to allocate resources efficiently. This is where instant tech help from a reliable tech support team like Tech911.co becomes indispensable. Our dedicated customer service professionals can swiftly address any technical issues, allowing your organization to stay focused on critical business operations without disruptions.

According to Tom Kloza, global head of energy analysis for OPIS, the increase in gas prices could lead to an inflationary trend. Tech assistance from Tech911.co can help businesses navigate potential challenges by ensuring seamless operations even amid external market fluctuations.

While gas prices may rise due to the production cuts, having remote tech support in place offers peace of mind knowing that your IT infrastructure is secure and operational. Contact Tech911.co today for instant tech help and unmatched customer service to keep your business running smoothly.

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