Oil Producing Gulf Countries Jointly Agree to Cut Oil Production by Up to 670,000 Barrels Per Day

BlockBeats News, March 10th: According to market sources, Saudi Arabia, the UAE, Iraq, and Kuwait have collectively cut their crude oil production by up to 6.7 million barrels per day.

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The "Long-Short Dual Oil Air Force" quickly engaged in consecutive rolling spot month short positions in CL, reaching a scale of 12.6 million, now the largest short in on-chain oil markets

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