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CNBC correspondent Sam Meredith discusses the upcoming OPEC+ meeting, referencing Longview.

"Brad Waddington, economics and markets analyst at Longview Economics, said unless OPEC+ announces new production guidance for months beyond January, the market may be underwhelmed by Thursday’s OPEC+ meeting.

“Even if OPEC+ announces a longer-term adjustment, though, downside risks to oil prices remain,” Waddington said, citing U.S.-Iran nuclear negotiations and concern over omicron.

“In summary, appetite within OPEC+ to change their plans is probably growing. Whether significant and convincing changes are announced this week bears watching closely and will be key for oil price direction."

Read the full article HERE


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