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Understanding Divergent Forces in Oil Markets

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Bloomberg reporter Olivia Raimonde consults GraniteShares CEO William Rhind to understand the current dynamism erupting in crude oil markets. While OPEC+ implemented a 9.7M bl/day supply cut, “a robust demand increase is what’s needed to sustain higher prices,” asserts Rhind. Any cut to supply must “ultimately be met by real demand.”
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