Upside in Crude Oil Prices Limited: OPEC+ Cut Prone to Ease Next Month while US Inventory Gained on Imports

<p>The rise in oil prices paused while hovering at recent highs. While there are signs that OPEC+ has cut output more than promised, the increase in US inventory has again raised concerns about oversupply. S&P’s survey suggests that OPEC-10 as a whole reduced output aggressively in June. The aggregate compliance level was 111%. Again, Saudi […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/oil-n-gold/309475-upside-in-crude-oil-prices-limited-as-opec-cut-to-ease-next-month-while-us-inventory-increased/">Upside in Crude Oil Prices Limited: OPEC+ Cut Prone to Ease Next Month while US Inventory Gained on Imports</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>