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Articles That Matter:

Saudis To Increase Production
by Geoff Garbacz

September 27, 2018

Saudi Arabia will increase production to offset the loss of Iranian production due to the current sanctions enforced by the U.S. However, they note that U.S. crude production may rise next year and that the Saudis would likely pull back that production.

The net result of this action is that the price of oil may be peaking here. If going into Energy names, then it is wise to scale in.

Saudi Production Increas

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