OPEC

Crude oil likely bottomed amid OPEC+ historic deal

Crude oil prices jumped 5% at the Asian open then fell around 2-3% in the immediate reaction to the OPEC+’s historic decision to cut oil output by 9.7 million barrels a day, just shy of the initial proposal of 10 million bpd. Though the reaction hasn’t been great, I think crude prices will likely climb […]

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