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Crude Oil Coming Into The OPEC Meeting

Crude Oil Coming Into The OPEC Meeting

June 21, 2018

Russia and Saudi Arabia have indicated that they favor increasing output by up to one million barrels per day at tomorrow’s OPEC meeting, but they are getting some pushback from other cartel members, including Iran. In my latest work for Seeking Alpha, I explain why any selling that follows the OPEC meeting that takes the price down below the $60 per barrel level could create an attractive buying opportunity.

Article: Crude Oil Coming Into The OPEC Meeting

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