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Re: energybuyer post# 48848

Wednesday, 05/24/2023 9:28:16 AM

Wednesday, May 24, 2023 9:28:16 AM

Post# of 49510
A warning from the Saudi Arabian energy minister against shorting oil also pushed up prices. This came as the effects of recent production cuts by the OPEC began to be felt, which, coupled with signs of increasing demand, pushed up expectations of a near-term supply crunch.