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Article Summary
  • Oil prices are expected to have weekly gains due to the results of the US election
  • The market is reacting positively to the election outcome
  • OPEC+ is expected to maintain current production levels
  • The impact of COVID-19 on oil demand continues to be a concern
  • Global economic recovery is expected to support oil prices in the future Tone: Optimistic and positive
Check out the full article here.
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United States of America
  OilPrice.com     3 hours ago
Oil Prices Set For Weekly Gains On Election Results
Crude oil prices were on course to end the week with a gain despite a retreat earlier today, following the outcome of the U.S. presidential elections. At the time of writing, Brent crude was trading at $75.27 per barrel and West Texas Intermediate was trading at $71.92 per barrel, both down from yesterdays close but higher than the start of the week. According to Reuters, Brent crude could end ...
https://oilprice.com/Latest-Energy-News/World-News...
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