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Sustained Opec+ productions cuts could send oil to $80-90/bl - OptionsDesk

Sustained Opec+ productions cuts could send oil to $80-90/bl - OptionsDesk

OptionsDesk broker Simon Hanouka speaks to Thomas Warner from Proactive about the week ahead, highlighting news of further oil production cuts from the Opec+ group.

Hanouka mentions some analysis that suggests sustained cuts could result in oil prices reaching $80-$90/bl, and explains how market participants could use options trading to invest in their prediction about the future of prices.