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OPEC+ has very little room for maneuver: the oil price war cannot be won, and it is also impossible to further reduce production.
OPEC+ may continue to make significant production cuts for a longer period of time.
Midday crude oil analysis: USA crude oil inventories rise to a 14-week high, why is the crude oil price still rising?
Despite the usa crude oil product inventory rising to a 14-week high, brent crude oil futures slightly increased in asia's early trading.
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