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FICC Strategy Report

KSA, Russia Defy US Demand For Higher Crude Oil Output

公開日

OPEC 2.0’s decision to cut 2mm b/d of output beginning in December telescopes the loss of Russian volumes we expect over the course of the coming year. OPEC 2.0 clearly is not playing by the G7’s or the US’s rules. This will keep prices volatile.

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