Reuters Reported No Policy Change Is Expected At OPEC+ JMMC Meeting, Citing Three Sources
Portfolio Pulse from charles@benzinga.com
Reuters reported that no policy change is expected at the upcoming OPEC+ JMMC meeting, according to three sources.

August 01, 2024 | 9:12 am
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The United States Oil Fund (USO) may see limited short-term price movement as no policy change is expected at the OPEC+ JMMC meeting.
Since no policy change is expected at the OPEC+ JMMC meeting, the oil market is likely to remain stable in the short term. This stability will likely result in limited price movement for USO, an ETF that tracks the price of oil.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80