Oil Prices Set for Yet Another Weekly Decline Despite OPEC+ Cuts
As traders brushed off the news of OPEC+’s deeper production cuts, crude oil prices dipped and are likely to post their sixth weekly decline in a row. OPEC+ yesterday agreed to deepen the current production cuts of 1.3 million bpd by some 900,000 bpd, taking the total to over 2 million bpd. This,…
#brent #saxobanks #olehansen #ubs #giovannistaunovo #goldmansachs #goldman #saudiarabia