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- First, negative prices. Then a sharp rally. Where is crude oil headed next?
Something interesting happened on June 6 in the world of crude oil. OPEC+ (OPEC along with non-OPEC members such as Russia and a few others) decided to extend their historic production cut of 9.7 million barrels per day for an additional month until the end of July …Continue reading “First, negative prices. Then a sharp rally. Where is crude oil headed next?”