Real Oil Market Is Sinking and OPEC+ Deal Can’t Rescue It
Oil storage tanks stand at the Volodarskaya line operation dispatcher station near Moscow, Russia. (Photographer: Andrey Rudakov/Bloomberg)

Real Oil Market Is Sinking and OPEC+ Deal Can’t Rescue It

(Bloomberg) -- The physical oil market, where millions of barrels of real cargoes are traded each day, needed OPEC+’s historic cuts to global crude production months ago.
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