OPEC+ consider introducing more output cuts after US elections – Energy Intel

Updated: 30 Oct. 2018 | 18:58

According to Energy Intel, OPEC and non-OPEC producers are monitoring the oil market and considering the option to introduce more output cuts in November after the midterm elections in the United States.

With the initial market reaction to this news, the barrel of West Texas Intermediate recovered modestly and was last seen trading at $66.20, where it was still down 45 cents, or 0.75% on a daily basis.

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