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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (56323)	3/19/2019 2:57:04 PM
From: Goose94	Read Replies (1) of 202988

Crude Oil: When OPEC announced the production cuts last December, it said that it would review the next steps at a meeting in April. Now, it appears that the group will push off a decision until the June meeting, at which point there will be more clarity on the Iran sanctions waivers and the impact of the production declines in Venezuela. American officials said that the global oil market can withstand the removal of all Iranian oil exports this year, according to Bloomberg. No decisions have been made on waivers yet.

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