Crude Oil WTI hovering above $65.00 a barrel as markets fear OPEC rising output on June 22

The oil market is concerned about rising oil output to be potentially announced at the next OPEC meeting on 22-23 June in Vienna.  The EIA saw a draw of -5.914 million barrels against -1.898 million expected but traders sold crude oil in anticipation of a rising output announcement on June 22.  Crude oil is currently […]

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