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OPEC+ Stands Firm As Global Oil Demand Teeters. OPEC+ has opted to keep its current oil production cuts, leading to a drop in crude oil prices despite a potential need for even higher prices to affect demand. While U.S. gasoline consumption has declined, oil demand is booming in countries like China and India, potentially offsetting global demand reductions. Predictions and concerns about oil reaching or surpassing the $100 per barrel mark raise questions about the balance of oil supply and global economic implications. #oil #OPEC #crudeoil #saudi #commodity #stockmarket

Timestamps:
Oil Is Going Haywire Again 0:42
What Can I Do? 9:02

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