06-07-2017 14:13 via articlefeeds.nasdaq.com

Don't Hold Your Breath For Deeper OPEC Cuts

The rally in oil prices over the past two weeks came to a halt on Wednesday on news that OPEC is actually exporting more oil than previously thought.A month ago, oil prices appeared to be higher than they should have been, with weak demand, elevated inventories, and a recognition that the nine-month OPEC extension
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