Saudi Arabia to continue boosting OPEC+ precautionary efforts to support market stability – by MSalordFX Oil SaudiArabia Energy
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Crude oil prices rebounded modestly after the report, trimming only a small fraction of its daily losses. The price of WTI barrel is still down by around 2%, trading at $80.35, after briefly dipping below $80.00 earlier. Prices continue to exhibit a bearish bias, influenced by a deterioration in market sentiment.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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