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Oil market data quality has declined notably, Anas Alhajji notes

Oil market data quality has declined notably, Anas Alhajji notes
Oil data quality at lowest level

Oil market data quality has steadily deteriorated since 2017 and is now at its lowest level, according to Anas Alhajji.

Alhajji attributes the decline to misreporting in the media and the spread of fake news on social media platforms.

Alhajji recently noted that Brent crude traded above $109, with oil importers facing higher final costs in earlier market activity. He has also pointed to tensions in Hormuz and Saudi Arabia as potential signals of recession and highlighted continued weak global growth in previous comments.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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