Oil Market Outlook: Strong Finish for the Month with OPEC+ Production Cuts

Friday, 29 March 2024, 15:00

The oil markets are looking towards a positive future with trust in OPEC+ production cuts. This, combined with improvements in the macroeconomic landscape, suggests a potential $90 per barrel oil price sooner than expected.
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Oil Market Outlook: Strong Finish for the Month with OPEC+ Production Cuts

Oil Market Outlook

The oil markets are increasingly putting their trust into OPEC+ production cuts to remain in place throughout this year. This feat, combined with an improving macroeconomic outlook, could bring $90 per barrel sooner than assumed.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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