Thursday , 30 January 2025
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Bloomberg: OPEC+ is likely to stick with its current supply policy at a review meeting

Oli traders:

  • Expect OPEC+ to stick with its currency supply policy at a review meeting next week

That would run counter to Pres.Trumps request to produce to lower the price and in turn give an incentive to end the war in Ukraine.

The current road map is for continued supply cuts this quarter, before gradually unwinding them from April.

This article was written by Greg Michalowski at www.forexlive.com.

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