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The Outlook For Crude Oil (/CL) Production

The OPEC+ resolution has led to an increase in production by 400,000 barrels per day per month starting in August, says Ellen Wald, Ph.D., Author of “Saudi, Inc.” and President of Transversal Consulting. She and Ed Moya, Chief Market Strategist of Oanda, discusses the crude oil (/CL) rally following weakness on Monday. They also mention how crude oil prices are soaring as risk appetite returns and the market impact of the OPEC+ production agreement. Tune in to find out more.

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21 Jul 2021

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