OPEC+ lowers 2022 market surplus forecast to 1 million bps – Reuters

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OPEC+ lowers 2022 market surplus forecast to 1 million bps – Reuters By eren_fxstreet Oil OPEC WTI

Market reactiongained traction after this report. As of writing, the barrel of West Texas Intermediate was trading at $109.47, where it was up 1.75% on a daily basis. Similarly, the barrel of Brent was up 2% at $114.65.

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