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Here Is Why Jim Cramer Doesn’t Think an Oil Production Freeze Deal Will Be Reached

May 26, 2023
in Trade Tube
Reading Time: 1 min read
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TheStreet’s Action Alerts PLUS Portfolio Manager Jim Cramer said no one wants to give up their share in the oil market. “The Saudis are exporting a huge amount,” Cramer said. “The don’t want to lose share to the United States.” Cramer said a production freeze would shrink Saudi Arabia’s market share.

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