OPEC’s Al Ghais: Don’t see a major global recession, WTI rebounds

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OPEC’s Al Ghais: Don’t see a major global recession, WTI rebounds


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    Haitham Al Ghais, the new Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC), said on Wednesday that he doesn’t see a major global recession.

    The WTI recovery from six-month lows of $85.47 gains momentum on these above comments. The US oil erases losses to trade flat at $86.65, as of writing.

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