Everyone’s favorite oil cartel seems to have woken from its winter hibernation in a foul mood and has chosen to cut back the group’s oil supply just as demand is set to return. OPEC+ has cut oil production by a total of 3.66 million barrels per day, an extra 1 million barrels per day on top of previously proposed cuts, amounting to 3.7% of total global supply. The cuts are set to last from May until the end of the year. The additional cuts triggered a $6 increase in the price of brent crude oil, increasing from just under $79 per barrel to $85 per barrel at the time of writing. An 8% increase in the value of your product…