BBG: Two big producers just called a bottom for oil – $60 a barrel

BLOOMBERG reports: “Prices are up more than 20 percent since hitting an almost two-year low in December, enough to alter OPEC+ rhetoric from reassuring investors that it will cut output to taking credit for the rebound, and in the case of Oman, forecasting where oil will trade for the year.”

The post BBG: Two big producers just called a bottom for oil – $60 a barrel appeared first on The Loadstar.

Source: The Loadstar

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