Opec Snub Leaves US With Empty Hands

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The US has limited options to counter Opec-plus ignoring pleas by the White House to produce more oil and soften the price rally, while traders argue that some strategies, like releasing oil from strategic reserves, can backfire and further lift prices.

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Crude Oil, Oil Products, Policy and Regulation, Oil Futures and Derivatives, Oil Trade, Oil Demand, Oil Inventories
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