Oil prices: Reaction to OPEC's Decision

Reported 4 months ago

Crude oil prices decline as OPEC+ extends production cuts into 2025 while easing voluntary cuts for member countries. CIBC Private Wealth US Senior Energy Trader Rebecca Babin compares the oil market to an over-expectant party host that didn't receive the desired gift, resulting in market disappointment. The market also reacted to softening manufacturing data from the ISM. Expert insights and market updates can be found in this full episode of Market Domination.

Source: YAHOO

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