WTI upside breakout as OPEC+ eases production cut by 500k bpd

<p>OPEC and Russia agreed to ease their oil output cut by 500k barrels per day starting January. That is, OPEC_ will cut production by only -7.2m bpd, or -7% of global demand, comparing to current cuts of -7.7m bpd. Additionally, the group will meet every month to review the output policies beyond January, with monthly […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/345241-wti-upside-breakout-as-opec-eases-production-cut-by-500k-bpd/">WTI upside breakout as OPEC+ eases production cut by 500k bpd</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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