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

To: Goose94 who wrote (110502)	7/19/2021 7:38:01 AM
From: Goose94	Read Replies (1) \| Respond to of 203432

Crude Oil: The cartel and its allies finally reached consensus yesterday, announcing a plan for monthly oil output hikes of 400,000 per day, starting next month. They’ve also agreed to extend their cooperation until December 2022. Nevertheless, on a day when the market is being shaken by growth fears, we’ve seen the price of West Texas Intermediate crude dip below US$70 per barrel for the first time in a month – and that’s presumably factoring into the loonie’s plunge today, which at one point was down more than a full cent against the U.S. dollar. BNN.ca