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News / Technical Analysis / Monday saw a decline in Oil prices driven by uncertainties in the supply chain

Monday saw a decline in Oil prices driven by uncertainties in the supply chain

Published: 04.12.2023 by Noirbull
Monday saw a decline in Oil prices driven by uncertainties in the supply chain, triggered by OPEC and its allies (OPEC+) deciding to cut production. Additionally, concerns about demand in major Oil consumers, the US and China, contributed to the downturn.
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