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Closing Bell Overtime: Surprise OPEC+ Cut Sends Oil Surging; Former Hulu Exec On Disney’s Future 4/3/23

Closing Bell

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The Decline of Oil Prices

There isn't that much more to go. So that's the good news for the producers, for the producers,. But as a percentage, it's still quite a bit. I think we're going to bottom somewhere in the $40 to $1.75 range. And so in order to keep the market balanced, we still do need some dry gas production.

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