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Latest OPEC Report Shows Open Deficit and Positive Demand Outlook for Next 5 Years

Today, the latest OPEC report was published, which clearly shows an open deficit and a positive demand outlook for five years:

Brent crude is breaking out of consolidation and testing near $92 per barrel. Resistance is found around 83-83.5 in the form of the upper limit of the uptrend channel.

Source: xStation 5


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2023-09-12 14:31:43
#Oil #recovering #strongly #OPEC

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