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CRUDE OIL RETREATS FROM MULTI-YEAR HIGHS

ADSS

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Oil cooled off over concerns around rising covid-19 cases in some parts of the world. Investors also moved to the sidelines in anticipation of the OPEC+ (Organization of the Petroleum Exporting Countries and their allies) meeting scheduled for later this week, which is expected to reveal the cartel’s output decision.

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Source: https://www.adss.com/en/market-updates/research/crude-oil-retreats-from-multi-year-highs/
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