На информационном ресурсе применяются рекомендательные технологии (информационные технологии предоставления информации на основе сбора, систематизации и анализа сведений, относящихся к предпочтениям пользователей сети "Интернет", находящихся на территории Российской Федерации)

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Bearish News Piles Up For Crude Oil

U.S. West Texas Intermediate are edging higher on Friday after OPEC and its allies moved forward with its plans for a gradual increase in production. Ahead of the decision, the group known as OPEC+, faced opposition from the United States and other major consumers, who wanted the producers to raise supply in order to cap prices.

Although the market is in a position to end the week with a higher session on Friday, the technical picture has turned slightly bearish In the meantime, traders are now facing the possibility of increased output from Saudi…

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