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steve / Steve Carr, CFA
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2023-04-03 12:06:58

steve on Nostr: GM As the US drained the strategic #petroleum reserve to mitigate price spikes ...

GM

As the US drained the strategic #petroleum reserve to mitigate price spikes resulting from the #Russian oil embargo, #opec was running Muhammad Ali’s rope-a-dope strategy.

After yesterday’s production cut announcement, the score is officially:

OPEC - 1
US #petrodollar - 0
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