Crude Oil Price Continues to Rally After OPEC+ Meeting is Abandoned

6 July 2021 6 July 2021

BonTrade

Brent crude is trading at highs last seen in late-October 2018 after the latest OPEC+ meeting was unexpectedly called off with no new output boost in view

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Crude Oil Price Continues to Rally After OPEC+ Meeting is Abandoned

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USD/CAD Outlook: OPEC+ Delay Keeps CAD Supported, USD Picks Up Momentum Ahead of ISM and Fed Meeting Minutes