Comments by "praveen ram" (@praveenspike) on "JPMorgan's Malek Sees Oil Above $100 by End of Year" video.

  1. I said about this a week back, it will start to raise as OPEC or OPEC+ will cut production as it's a loss for them in the local market, once the threshold of $100 reaches the amount of cut output will be coming back to market as they don't want to over shoot the international price and burden their own economy. If the prices are higher than $110 they will increase the production and supply more. The stability that we want to see is not in the near future.
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  2.  @gh8066  another 1 million barrels have been cut from production, this will go on
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