Oil Extends Gains, Blind to OPEC’s Ideas of Lower Demand

© Reuters. By Barani Krishnan Investing.com – The oil bull has gone on full blinker-on mode. Crude prices settled up on Monday despite the Organization of the Petroleum Exporting Countries, or OPEC, cutting its forecast for 2021 growth in oil demand, citing “uncertainty surrounding the impact of Covid-19 and the labor market” on the outlook […]

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