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Published on Thursday, September 29, 2016 | Updated on Friday, September 30, 2016

Market Comment | Oil prices drove the market mood in the wake of the OPEC decision

Financial markets slightly recovered positive sentiment, driven by yesterday’s sharp rebound in oil prices, after the OPEC struck a deal on oil production in the informal meeting in Algiers. Although oil prices rose sharply (6%) immediately following the announcement, uncertainty about the effectiveness of the deal still persists: there is a lack of information about […]