A bearish-leaning reality that OPEC+
A bearish-leaning reality that OPEC+: Sevens Report co-editor Tyler Richey Quoted in MarketWatch
Oil futures settle at lowest since early February
The market’s bullish hopes for some degree of commitment to ‘price stability’ via the potential for further production cuts were dashed, and instead met with a bearish-leaning reality that OPEC+ does not seem willing to cut production any further than they already have despite ongoing recession risks that would cripple demand,” said Tyler Richey, co-editor at Sevens Report Research.
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