Energy expert Dan Yergin said there are two reasons why oil prices have dropped in the past month despite a market that is still tight: the Fed and Russia's war in Ukraine.
Yergin said the demand outlook for China, the world's largest oil consumer, is also uncertain.
"We think OPEC+ will then move to a more liberal approach and allow the few members with spare capacity to produce more," Edward Gardner, commodities economist at Capital Economics, said
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