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Crude Oil - OPEC Meeting Looms

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Heading into this week's OPEC meeting, we expect an agreement that permits an increase in OPEC+ oil production. The current selloff has weakened our short-term technical indicators, but it has corrected the extreme optimism from earlier in the year. For now, the weight of the evidence continues to lean bullish.

Ned Davis Research | Energy | Comment | Bi-Weekly

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