Crude Oil Price Recovers as US Stockbuild Slowed and OPEC+ Began Output Cut

<p>Crude oil price continued to recover after the collapse two weeks ago. Slowdown in the build-up of oil inventory, hopes of demand improvement, and expectations of demand/supply re-balance  as OPEC+ began output cut in May are key driving forces. The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/oil-n-gold/293025-crude-oil-price-recovers-as-us-stockbuild-slowed-and-opec-began-output-cut/">Crude Oil Price Recovers as US Stockbuild Slowed and OPEC+ Began Output Cut</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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