Oil Soars to $65

Click here to read full article 

(Bloomberg) — Oil moved above $65 a bar­rel after OPEC+ chose not to relax sup­ply curbs even as the glob­al econ­o­my pulls out of its pan­dem­ic-dri­ven slump, con­found­ing wide­spread expec­ta­tions the group would loosen the taps.The sur­prise deci­sion on Thurs­day spurred a wave of crude price fore­cast upgrades by major banks and a surge in the market’s struc­ture. The pro­duc­er alliance agreed to hold out­put steady in April, while Sau­di Ara­bia said that it will main­tain its 1 mil­lion bar­rel-a-day vol­un­tary pro­duc­tion cut. West Texas Inter­me­di­ate rose as much as 2.6% and Brent topped $68.See also: Saud­is Bet ‘Drill, Baby, Drill’ …

ANNOUNCEMENT:

Big Tech is at war with you! They don't want you to see the truth.

DONT LET THEM WIN THE WAR! 

 

Send this to a friend