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Market Updates: Key takeaways from Saudi Energy Minister Al Falih

The WTI crude oil spikes over Saudi Energy Minister’s speech ahead of OPEC December 6 meeting.

Key Points

  • OPEC Needs To Figure Out What Needs To Be Done.
  • Uncertain What Size Supply Cut The World Needs
  • Nobody Is Targeting A Specific Oil Price
  • Premature To State If OPEC Cuts Production

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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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