Pick-up in US Oil Inventory and OPEC+’s Compliance Problem have Capped Crude’s Upside

<p>The excitement brought by OPEC+’s agreement to extend the output cut deal for a month to July short-lived. Crude oil price only climbed modestly higher after the news. Gains were quickly evaporated. Concerning OPEC+, the market is mainly concerned about compliance by some participants. A survey by S&P estimated that OPEC’s 13 members lowered production […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/oil-n-gold/302318-pick-up-in-us-oil-inventory-and-opecs-compliance-problem-have-capped-crudes-upside/">Pick-up in US Oil Inventory and OPEC+’s Compliance Problem have Capped Crude’s Upside</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>