Aug. 6 at 1:11 PM
OPEC+ just flipped the script — is this a bearish reset for oil?
$USO and
$BNO dropped after the group announced a 547,000-bpd output increase for September, rolling back deeper cuts to claw back market share.
Know more about USO here 👉
https://www.zacks.com/stock/news/2672253/opec-to-boost-oil-output-in-september-oil-etfs-under-pressure?cid=sm-stocktwits-2-2672253-teaser-6186&ADID=SYND_STOCKTWITS_TWEET_2_2672253_TEASER_6186