OPEC+ made little progress on compensatory production cuts - report

Author: Adam Button | Category: News

Reuters, citing sources

  • OPEC still ahs to make compensatory cuts of 2.33 mbpd vs 2.38 mbpd a month ago
I think a generational trade in oil longs is setting up but the short-term risk is that we get an OPEC-driven flush lower first.

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