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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (59074)5/21/2019 2:23:53 PM
From: Goose94Read Replies (1) | Respond to of 203399
 
Crude Oil: OPEC+ reportedly discussed two options for increasing production in the second half of the year. According to Reuters, the group weighed a plan that would end over-compliance with the cuts, which could add 0.8 mb/d of supply back onto the market. Or, the group could agree to trim the cuts from 1.2 to 0.9 mb/d. However, the group will wait until the June meeting in Vienna to make a decision, and many members are inclined to extend the cuts.