Bloomberg: Oil Investor Optimism Soars After OPEC Deal



Bloomberg reported that Organization of Petroleum Exporting Countries’ decision to cut crude production caused oil investor optimism to rise to the highest level seen since the beginning of the slump.

According to Bloomberg, the oversupply of oil is expected to end after OPEC’s agreement to cut production in January.

Bloomberg said Russia and Kazakhstan also joined the agreement.


Like this story? Begin each business day with news you need to know! Register now for FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
terry.mulreany@monitordaily.com
Susie Angelucci
Advertising: 484.459.3016
susie.angelucci@monitordaily.com

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com