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

To: Goose94 who wrote (86324)	6/5/2020 3:50:48 PM
From: Goose94	Read Replies (1) \| Respond to of 202705

Crude Oil: jumped yet again on positive news from OPEC+ as well as a far better than expected jobs report. Brent surged by more than $2 per barrel while WTI approached the US$40 mark. OPEC+ made a breakthrough in negotiations and the group is slated to meet on Saturday to sign off on the deal, which calls for a one-month extension of the 9.7 mb/d cuts. A sticking point had been the poor compliance rate from Iraq, but the Iraqi government agreed to strict compliance, although there could be a domestic backlash from doing so.