WTI crude - Oil spikes as OPEC+ surprises markets with production cut

OANDA Senior Market Analyst Craig Erlam discusses the moves in WTI crude after OPEC+ surprised markets by cutting output by more than a million barrels per day.

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About the Author

Craig Erlam

Contributing Author at OANDA

Focusing on fundamental and technical analysis while producing macroeconomic commentary, Craig Erlam’s views have been published in the Financial Times, Reuters and the International Business Times.