“[Saudi Arabia’s] commitment to this is key,” said Again Capital’s John Kilduff. “One question was would they step up and carry the load for much of the producing community. It looks like they are in fact doing that.”“If [Saudi Arabia’s cuts] are fully implemented it is not inconceivable that the supply and demand dynamic in the oil market could move into a deficit,” said Sam Wahab at Cantor Fitzgerald.“There’s no sign that we’re drawing......
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