Oil Rallies Nearly 2% With Bets On OPEC To Reduce Production Flow Again Gaining Interest
August 23, 2024 at 09:42 AM EDT
Oil pops above $74.00 with expectations of OPEC acting, taking place. Morgan Stanley cuts its Brent Oil price forecast by $5 to $80 per barrel for the end of 2024. The US Dollar Index hovers around 101.00 ahead of Fed Chairman Powell's speech.
