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Strategies & Market Trends : The Aristocrats (tm) -- Ignore unavailable to you. Want to Upgrade?

To: sense who wrote (3634)	4/12/2022 3:27:48 PM
From: sense	Read Replies (1) \| Respond to of 5610

Commodities are about to go nuts... Oil Headlines today include... OPEC issued a warning on oil prices... The Organization of the Petroleum Exporting Countries, meanwhile, warned that it would be impossible to replace 7 million barrels per day (bpd) of Russian oil and other liquids exports lost in the event of sanctions or voluntary actions. “The oil market is still vulnerable to a major shock if Russian energy is sanctioned, and that risk remains on the table,” wrote Edward Moya, a senior market analyst with OANDA. And, China announced relaxation of some COVID-19 restrictions easing concerns about Chinese demand... The Saudi's announced the end of the MOPE in oil production statistics... A decision driven by Saudi Arabia that OPEC+ should stop using oil data from the West's energy watchdog reflected concern about U.S. influence on the figures, sources close to the matter said