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Petraco Oil Company Exercises Market Caution - OPEC Exercises Restraint and Prices React einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
OPEC exercises restraint and prices react – Petraco Group exercises market caution Petraco is one of the oldest independent trading companies in the World, priding itself on great expertise and strong connection with its customers. In 1859 the human race discovered a huge treasure chest in its basement. This was oil and gas.” K.E.B. LUGANO, TESSIN, SWITZERLAND, March 15, 2021 /EINPresswire.com/ OPEC surprised several players in the oil industry on the 4th of March, choosing to continue with its production cuts for another month. Trafigura, Glencore and Petraco all reacted to the news, with prices rising closer to $70/ bbl following the announcement. ....