01-05-2021, 03:16 PM
(01-05-2021, 02:35 PM)EricL Wrote: Oil jumps 5%, breaks above $50 for the first time since February as Saudi Arabia announces voluntary cutsWhy Soudis cutting? They see demand falling? That's wouldnt be good.
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EOG is up over 10%, XOM over 7%, and CVX 4.5% on the news.