Actionable Intelligence Alert with John Polomny
Business:Investing
Oil Price Up Six Weeks In A Row. Will It Hit $100 By Yearend? AIA Weekly Update 8-5-23
The OPEC+ production cuts are now beginning to curtail supply sufficiently to cause large drawdowns in storage. This coupled with demand exceeding expectations results in a bullish sentiment change in oil. Are we heading towards $100/bbl by yearend as some analysts say?
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