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OPEC deal - 10 Million Bpd cut
https://oilprice.com/Energy/Oil-Prices/Global-Oil-Producers-Agree-On-Joint-10-Million-Bpd-Output-Cut.html
Was a sell the news event as 10 million cut a drop in the bucket with today's imbalance - see if they can get others to cut as well. I have highlighted the large imbalance here several times.
Steve, you're really right about the crude imbalances, thanks for highlighting them for some time, clearly a sell the news day
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OPEC deal - 10 Million
Posted by elementsix on 9th of Apr 2020 at 02:22 pm
OPEC deal - 10 Million Bpd cut
https://oilprice.com/Energy/Oil-Prices/Global-Oil-Producers-Agree-On-Joint-10-Million-Bpd-Output-Cut.html
Was a sell the news
Posted by steve on 9th of Apr 2020 at 02:24 pm
Was a sell the news event as 10 million cut a drop in the bucket with today's imbalance - see if they can get others to cut as well. I have highlighted the large imbalance here several times.
Steve, you're really right about
Posted by puma on 9th of Apr 2020 at 02:46 pm
Steve, you're really right about the crude imbalances, thanks for highlighting them for some time, clearly a sell the news day