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Short-term upside in crude oil possible #SaxoStrats
There could be further upside in crude oil in the short term, says Ole Hansen, head of commodity strategy at Saxo Bank.
Oil markets broke higher after Russia agreed to freeze or cut production. Hansen believes, however, that there will ultimately be questions about how the plan will roll out.
There will be a Opec meeting November 30 where details about the deal will be outlaid.
02:24 minutes
Tags: brent, commodities, crude, oil, ole hansen, opec, russia, saxostrats
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