Forex
globalreutersMarch 7, 20251 Mins read
Oil nudges up as Russia’s Novak says OPEC+ may reverse oil output hike if necessary
globalreutersMarch 7, 20251 Mins read Novak said that while OPEC+ has agreed to start increasing production from April, they could still reverse the decision afterwards if there are market imbalances. From the man himself: “If there is an imbalance in the market, we can always play in the other direction.” A timely bounce for oil after testing the September lows earlier this week?
This article was written by Justin Low at www.forexlive.com.
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