
MacroVoices #297 Ole Hansen: Commodity Sector Outlook
Macro Voices
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Oil Production in the United States Is on the Rise, but It's Not Going to Be Enough to Stabilize Prices.
The United States is currently producing 450 thousand barrels a day less than what they can, according to their quotaa. One area that could be promising is the nuclear negotiation resuming here at the end of t again in Iran. But looking at the us Straitete reserves are coming down because there's no need for these very high levels as import sir has come down during past decade.
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