Oil posts third weekly gain on OPEC+ cut, inventory declines

Oil posts third weekly gain on OPEC+ cut, inventory declines

… a surprise supply cut by OPEC+ and a drop in U … of all its oil sales to customers in Asia.
Crude has risen … weakening U.S. dollar when OPEC+ intervened, confounding short sellers and … s interest rate hikes.
“Physical OPEC+ crude oil cuts will clash with monetary …

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  • On April 7, 2023
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