Deliberate OPEC-plus actions keeping oil on the boil - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Deliberate OPEC-plus actions keeping oil on the boil

​​To suggest that the current supplydemand is balanced at the existing production levels is aresponse oblivious to the kind of chaos that we are witnessing around the world. The US is already facing its highest level of inflation in 50 years and the US Federal Reserve has raised rates by 50 basis points.

from Industry-Economic Times
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