FlowBank

1148 days ago • Posted by William Ramstein

Oil price rise could be calmed with increase production

Global inventories are plunging at the steepest rate in two decades, according to Morgan Stanley. Prices have rallied to pre-virus levels, while U.S. production has taken a hit from freezing storms. Talk swirls of market supercycles, and even the return of $100 oil. Source: Bloomberg

#Commodities
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