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PROMASTER Trading Journal
Dear Traders, and visitors from everywhere, welcome to my trading journal update. There are markets open today, so I hope you're all searching for a good one on a different currency pair. We will discuss Crude Oil today. As OPEC+ considers cutting output by more than 1 million barrels daily for its most significant reduction since the pandemic, oil prices jumped more than 3% in early Asian trade on Monday. Brent crude futures rose $2.51, or 3%, to $87.65 a barrel by 0206 GMT, after falling 0.6% on Friday. U.S. West Texas Intermediate crude price rose by 3%, or $2.39, to $81.88 a barrel, after falling by 2.1% the previous session.