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OPEC’s 14 Nation members have agreed to cut production

OPEC’s members Algeria, Angola, Ecuador, Gabon, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates, and Venezuela have agreed to cut production by 1.2 million barrels per day. With the cut agreed upon by the OPEC nations we saw a huge rally for the Oil and Gas markets. This is a positive sign that we will see the market return to over $52 per barrel. Click the link below to read more:

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