Weekly Commodities ETF Report: Crude Hits 3-Month High as OPEC+ Pledges to Cut Production; Gold Sinks as Dollar Jumps on Upbeat US Jobs Data
(MT Newswires) – Crude rose the highest in nearly three months on Friday as the Organization of the Petroleum Exporting Countries (OPEC) and Russia agreed to produce 500,000 barrels per day less oil in the first quarter of 2020. This was followed by Saudi Arabia’s announcement that it will produce 400,000 bpd below its OPEC […]