Day: February 3, 2024
Feb
03
Crude Futures Fall As OPEC Holds Steady
Crude Correction Deepens Following a move above the December highs last week, oil prices have turned sharply lower this week with crude futures now down around 7% from YTD highs. The sell-off comes as OPEC+ this week held its production quotas unchanged. There had been speculation of a potential further decrease in production levels suggesting […]