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News / Technical Analysis / In the 2nd part of December 2023 Brent Oil is trading ~ 10% below its value at the beginning of the year

In the 2nd part of December 2023 Brent Oil is trading ~ 10% below its value at the beginning of the year

Published: 18.12.2023 by Noirbull
In the 2nd part of December 2023 Brent Oil is trading ~ 10% below its value at the beginning of the year.

OPEC+ production cuts are expected to maintain market balance in early 2024.

A price recovery to $80 by the end of the Q1 is expected.
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