Market watchers are predicting a bearish outlook for crude oil prices, with fears of a drastic fall if OPEC+ unwinds its existing output cuts. Tom Kloza, global head of energy analysis at OPIS, warns that oil prices could plummet to $30 or $40 a barrel without a real agreement to curb production, potentially erasing around 40% of current prices. Currently, global benchmark Brent is trading at $72 a barrel, while U.S. West Texas Intermediate futures are around $68 per barrel.
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The PLAYERS: Rory McIlroy ‘Not Out Of It,’ Despite Failing to Adjust
Rory McIlroy struggled with strong winds at TPC Sawgrass, resulting in a round over par and a drop of one place on the PLAYERS Championship leaderboard. Despite this, he remains in the top 5 and believes he still has a chance to win. McIlroy highlighted his mistakes around the greens and on the greens as areas to improve for the final round, where he aims to tidy up his game and capitalize on his strong...
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