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OPEC Update Dec 3

Posted: Tue Dec 03, 2024 10:45 am
by dan_s
https://oilprice.com/Energy/Energy-General/Oil-Prices-Rise-as-OPEC-Prepares-to-Extend-Production-Cuts.html

Oil prices were moving higher early on Tuesday morning ahead of the latest OPEC+ meeting as members of the group aligned behind plans to extend production cuts into 2025.

Re: OPEC Update Dec 3

Posted: Tue Dec 03, 2024 10:47 am
by dan_s
HFI is forecasting that EIA will report a small draw from crude oil storage in the US tomorrow.