Hedge funds and traders reactingOnly in the Oil market can a return to fully restored usage result in a temporary drop. Stay tuned for more interesting OPEC + discussions...what will they do about 2022....or do they delay. Report suggests surplus but now Russia suggests market fully restored...frontside needs to talk to the backside
"Crude Futures Shed $1+ as Russia’s Novak says expects Global Oil Market To Fully Restore In 2022 and Sees Global Oil Demand Growing By 5.8-6Mln B/D"