Oil Prices to Drop as Low as $62 by End of Next Year? (EIA Report)

Last week, OPEC decided at its meeting to not increase oil production beyond what was already agreed. Almost immediately after OPEC’s decision, a spokesperson from the White House said: “Opec+ seems unwilling to use the capacity and power it has now at this critical moment of global recovery for countries around the world,”



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Market Movers aims to make the events and topics that are moving the markets easier to understand for traders and investors.