The global Crude Oil market has experienced a significant uptick in prices during the first week of November following the results of the US Presidential Elections. This price rally was attributed to geopolitical tensions and delays in OPEC+&#xx;s production surge. The demand for Crude Oil has recently rebounded amid a potential change in geopolitical alliances, trade policies, and economic regulations after Trump’s victory impacted global Crude Oil demand.
Crude Oil prices have significantly rebounded during the first week of November following OPEC+&#xx;s strategic move to stabilize the market with Brent settled at USD xx.xx/barrel a hike of x.xx while WTI at USD xx.xx/barrel at a surge rate of x.xx. The Organization of the Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+, have taken a proactive approach to stabilize the Crude Oil market. The group&#xx;s decision to extend its x.x million barrels per day...
