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"More Politics Than Anything Else" - Wall Street Reacts To The OPEC Oil Production Cut Deal

While OPEC reached an "understanding on a production cut", if not exactly a production cut deal just yet - since every OPEC member's production has yet to be determined, the sellside has responded. The following is a collection of analysts’ reactions following the OPEC announcement. Societe Generale Global Head of Oil Research Mike Wittner “The cut is clearly bullish,” Wittner says by phone “The number of actual barrels that will be taken off the market is unclear.
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