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Oil Swings as Recovery of Crude Exports Counters Russia’s Cut

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On February 10th, Russia announced it would slash its output by half a million barrels a day. The decision led to a significant uptick in bullishness in the options market, while firming up timespreads.

On February 10th, Russia announced it would slash its output by half a million barrels a day. The decision led to a significant uptick in bullishness in the options market, while firming up timespreads.Read More

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