OPEC Event In Brazil Resumes After Being Halted Due To A Climate Protest
Portfolio Pulse from Benzinga Newsdesk
An OPEC event in Brazil was temporarily halted due to a climate protest. The event has now resumed.
September 24, 2024 | 5:32 pm
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NEUTRAL IMPACT
The temporary halt of the OPEC event due to a climate protest may cause short-term volatility in oil prices, impacting USO.
USO, an oil ETF, could be affected by any disruptions or developments in OPEC events, as they can influence oil prices. However, since the event has resumed, the impact is likely neutral.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50