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  • Energy Markets Are Better Supplied

Energy Markets Are Better Supplied

Commodities/Futures Fundamental Oil Crude Oil
49K
The optimistic outlook for the oil market has diminished due to stronger-than-expected supply growth from non-OPEC producers, notably the US, Brazil, Guyana, and Norway. Additional voluntary supply cuts from OPEC+ members, totaling 2.2 million b/d, were announced at the end of 2023.
Devin Wang

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