Oil Stabilizes Below $70: Should You Expect a Rebound Anytime Soon?
- Oil prices break losing streak following OPEC+ meeting
- OPEC+ reaffirmed production cut commitment, expecting prices to recover
- Refilling the U.S. Strategic Petroleum Reserve may help buoy prices, but only slightly
) (NYSE:) triggered fears that a cascade of bank failures could bring on a recession.
had fallen by 10% and by just over 14% for the week.
Disclosure: The author does not own any of the securities mentioned in this article.
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