To The Moon

Please find and follow my YT channel (nerdbull1669) for Daily SG and US Stock Watchlist. Do follow me as I share quality stock pick for Daily Watchlist. Saudi Arabia and other OPEC+ oil producers announced further oil output cuts of around 1.16 million barrels per day, in Oct 2022 - OPEC+ to cut oil production by 2 million barrels per day until the end of 2022. I would like to examine how this output cuts could benefit the renewable energy stock. Do note that we are still a long way to have renewable energy to replace fossil powered energy. Previous Output Cuts (Oct 2022) vs Latest Output Cuts (April 2023) If we look at how the crude oil prices have moved since the last output cuts announced in Oct 2022, effective in Nov 2022. There was a surge in both Brent and W.T.I. prices when the cut

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