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Oil Q4 Fundamental Forecast: Stronger Demand to Be Met with Limited Supply

OIL PRICE TALKING POINTS The price of oil trades back above the $70 handle even as the Organization of Petroleum Exporting Countries (OPEC) stay on track to boost “overall production by 0.4 mb/d for the month of October 2021” as signs of stronger demand are met with limited supply. FUNDAMENTAL FORECAST FOR OIL PRICE: BULLISH The decision by OPEC to retain the current course for crude output should keep the price of oil afloat as the most recent Monthly Oil Market Report (MOMR) emp
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