Jonathan Wong
The Latest
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Oil Prices Skyrocket Amid Unexpected OPEC+ Output Reduction, Diminishing US Inflation Optimism
Oil prices experienced a significant increase on Monday following the announcement of unexpected output cuts by Saudi Arabia and other OPEC+ oil producers, potentially signaling trouble for global inflation. The news comes shortly after a recent deceleration in US price data had raised market optimism. 
Oil prices experienced a significant increase on Monday following the announcement of unexpected output cuts by Saudi Arabia and other OPEC+ oil producers, potentially signaling trouble for global inflation. The news comes shortly after a recent deceleration in US price data had raised market optimism.