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It's official: Saudi Arabia now controls the Oil market and is determined to push prices higher to fund its grand economic plans.
However with America's Strategic Petroleum Reserves now drained to the lowest level since 1984, unfortunately, on this occasion, America won't be coming to the rescue any time soon.Throughout August, Oil prices have been on an absolute tear – racking up double digit gains on a consecutive weekly basis, following Saudi Arabia's announcement to extend its 1 million barrel per day production cut.
Orange Juice prices have quadrupled this year and are setting new record highs almost every week. So far this year, Orange Juice prices have tallied up an impressive gain of 572% from their 2020 lows.
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