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Barclays Expect OPEC+ Cut Phase Out

OIL

Barclays sees OPEC+ following through with its gradual phase-out of additional voluntary adjustments.

  • "In our baseline, we expect opec+ to follow through with its gradual phase-out of the additional voluntary adjustments, at least partially," the bank said in a research note.
  • “We maintain our short put spread recommendation on December 2024 WTI," Barclays analysts added.

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