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Oil price gap surge higher after the shock weekend OPEC+ news (swingeing output cut) | Forexlive

ICYMI, the huge news:

OIL price up circa 7% on the news at the futures opening.

If you are new to markets you’ll see these sorts of moves telegraphed in early forex trade on Monday’s in New Zealand and Australia:

OIL:

(This
chart is from our charting app, which is free and can
be found at this link
)