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Is OPEC's supply boost pushing oil to a breaking point?
In This Article:
Crude oil (CL=F, BZ=F) prices dropped significantly this week after OPEC's decision to increase supply, alongside concerns about the Russia-Ukraine war and potential trade wars impacting demand.
Yahoo Finance Senior Business Reporter Ines Ferré highlights that energy sector (XLE) have also been hit, now underperforming for the year.
To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.
This post was written by Josh Lynch
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