Oil prices jumped 5 percent on Friday after the OPEC+ group announced its vague decision to maintain its collective target while lifting country-specific limits on oil production. The result was viewed as only a modest increase, which could lead to tighter supplies. Over the weekend, Saudi officials sought to clarify, adding that the move would lead to the increase of 1 million barrels per day. That caused prices to fall back a bit on Monday. “There’s still some uncertainty in the market as far as how everything is going to start to unwind,” Mark Watkins of U.S. Bank Wealth Management told Bloomberg . “Ahead of that, a lot of people were thinking the worst case scenario as far as OPEC’s going to open up the spigots and oil is going to flood the market again.” However, the assumption that OPEC is going to flood the market made no sense […]