Trader Iaccino Doesn't See OPEC Exiting Production Deal

The video discusses the current state of the crude oil market, focusing on inventory data, seasonality, and the impact of recent hurricanes on refinery utilization. It highlights the convergence between API and EIA data and the unusual patterns in oil seasonality due to high refinery utilization before the hurricanes. The discussion also covers OPEC's compliance with production cuts, the potential extension of these cuts, and the role of Russia in driving future agreements. The video provides insights into the complexities of the oil market and the factors influencing crude oil prices.

What seasonal trends are observed in crude oil prices during October, and how does this year differ?

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What role does Russia play in the future of OPEC's production cuts and market strategy?

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