Oil Gains on OPEC Speculation

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2023/02/f-oil101.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2023/02/f-oil101.jpg 612w, https://www.actionforex.com/wp-content/uploads/2023/02/f-oil101-600×400.jpg 600w, https://www.actionforex.com/wp-content/uploads/2023/02/f-oil101-150×100.jpg 150w, https://www.actionforex.com/wp-content/uploads/2023/02/f-oil101-300×200.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>The previous week marked a significant shift in market sentiment regarding Federal Reserve (Fed) rate hike expectations. The latest Consumer Price Index (CPI) update revealed a slower-than-anticipated inflation rate in the US, coupled with politicians averting a government shutdown. Despite these factors, the US 2-year yield tested 4.80% for the fourth time, while the 10-year […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/fundamental-analysis/528112-oil-gains-on-opec-speculation/">Oil Gains on OPEC Speculation</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>