In today’s briefing:
- The Commodity Report #72
The Commodity Report #72
- The group announced to cut its output limits of as much as 2 million barrels a day, using current targets as a starting point.
- While a significant reduction, the impact on global supply will be much smaller because several countries are already pumping below their quotas.
- Most analysts expect that the real supply cut will be around 700 to 800 bpd.
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