3 Bearish Catalysts For Oil This Fall ...Middle East

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3 Bearish Catalysts For Oil This Fall
Last week, oil prices enjoyed a nice rally OPEC+ agreed to keep its current production agreement in place, maintaining the 400K bbl/day hike scheduled for October. The group took less than an hour to make its announcement this time around, a stark contrast to the lengthy negotiations at previous talks. Later on Friday, WTI slipped just below this level, but the catalysts are there to bring it back.  The markets have taken this to signal that global oil markets are in better shape than earlier feared, with the delta variant of Covid-19 causing…

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