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QP - The Week in Crude Oil Markets - April 6, 2020
Front-month WTI futures ended last week on a high note, settling at $28.34/bbl on renewed talk of a globally coordinated production cut. However, renewed bullish sentiment was dealt a blow over the weekend due to a spat between Saudi Arabia and Russia over whom is to blame for last month’s failed OPEC+ meeting. Initial talks were planned to begin today, but have been moved to Thursday, April 9. The goal of the negotiations is......
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