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7th November: OPEC delays, distillate demand, and crude imbalances
For more information about Sparta, visit our website at www.spartacommodities.com In this episode of the Sparta Market Outlook podcast, the team discusses the current state of global oil markets, starting with OPEC+'s decision to delay a planned supply hike, signalling potential bearish implications despite appearing as a bullish move. The episode dives into the U.S. crude supply, revealing recent strong growth and the ongoing effects of global supply and demand imbalances.
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