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Will Oil Continue to Outperform after OPEC’s Meeting?

Rabindra Samanta
Will Oil Continue to Outperform after OPEC’s Meeting?

On June 24, US crude oil prices rose 0.8% and settled at $57.9 per barrel. In the trailing week, US crude oil prices rose 11%. On June 17–24, the S&P; 500 Index (SPY) rose 1.9%.