U.S.
crude has rebounded 22% in the first two months of the year, according to Dow Jones Market Data, the best January-February performance in figures going back to 1984. Oil is also heading for its best two-month stretch generally since 2016—when prices recovered in April and May of that year after dipping below $27 a barrel.
Curbed the output, helps rise the price. Which cases, us to spend more and have the OPEC companies become richer. Why do we allow this bullshit.
It is a brief pause. Central Asia is coming. Political solutions in Iran and Venezuela overhang the market. Even Putin may be on his way out as he ignores the Russians' needs and threatens WW III.
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Source: Reuters - 🏆 2. / 97 Read more »