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jpmorgan: Even if OPEC+ extends production cuts, the oil market will still face a significant supply surplus.
Analysts from jpmorgan, led by Natasha Kaneva, stated in a report that even if OPEC+ extends production cuts, the global oil market will still see a "huge" surplus of 1.3 million barrels per day next year.
Occidental Petroleum Options Spot-On: On November 21st, 82,316 Contracts Were Traded, With 1.28 Million Open Interest
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Old Timer Trader : He sold 80 BILLION DOLLARS of AAPL stock. Just a year ago, he stated that Apple was a stock that he would never sell… can you explain that?