Wall Street Analysts Raise Their Oil Price Forecasts After Shocking Supply Cuts By OPEC+

Wall Street Analysts Raise Their Oil Price Forecasts After Shocking Supply Cuts By OPEC+

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Analysts on Wall Street are becoming far more bullish on oil prices, after OPEC+ announced voluntary output cuts totaling 1.66 million barrel per day. The cuts will come into effect starting in May and are expected to last until the end of 2023. Saudi Arabia stated that the production cut is a…

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