WTI LONG

Updated
OPEC and allies agree to cut oil production by 1.2 million barrels per day
Major oil producers have reached a deal to cut oil production and boost the market.

*The alliance will to take 1.2 million barrels per day off the market.

*OPEC has agreed to exempt Iran from cutting production, Iranian Energy Minister Bijan Zangeneh said


On a technical perspective we reached a nice mirror level and we are likely to see a push back to recent highs or a creation of a higher high.
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