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OPEC+ Ministerial Meeting in Focus Focus: Crude Production Outlook & Geopolitical Tensions Movement: Bullish Crude Oil | Volatile CAD Oil Prices Surge Ahead of OPEC+ Meeting: Supply Risks in Focus Crude oil prices rise as traders brace for the OPEC+ decision on production levels. Tensions over possible new Russia sanctions, delays in U.S.-Iran nuclear talks, and U.S. restrictions on Venezuelan oil exports are adding to supply concerns. 📈 Tight Supply Outlook: OPEC+ may announce a modest production hike, but geopolitical risks could overshadow any increase. 📉 CAD in Play: As a commodity-linked currency, the Canadian Dollar may see volatility aligned with oil movements. Stay alert as the OPEC+ outcome could shift global energy markets and impact related assets. The information provided is for general purposes only and should not be considered financial advice. CFDs may not be suitable for all investors. Ensure you fully understand the risks involved. #OPECPlus #OilPrices #CrudeOil #CAD #MarketUpdate #NeexNews #TradingInsights #VolatileMarkets

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2025-05-28 18:20

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