Tag: OPEC

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Crude Oil Prices Slip Again As US Inventories Increase, OPEC Meet Eyed

Crude Oil Prices Slip Again As US Inventories Increase, OPEC Meet Eyed

Brent Crude News and AnalysisUS crude prices are under pressure againThis year’s strong move has brought out profit takersOPEC Isn’t expected to alter [...]
WTI: Russian Government Tells Refineries to Cut Production by June – FX Leaders

WTI: Russian Government Tells Refineries to Cut Production by June – FX Leaders

WTI: Russian Government Tells Refineries to Cut Production by June  FX Leaders www.fxleaders.com [...]
Crude Oil Prices Pop Up On Bullish OPEC Demand Calls

Crude Oil Prices Pop Up On Bullish OPEC Demand Calls

Crude Oil Prices and AnalysisUS benchmark crude is closing in on $79/barrel againOPEC has stuck with its relatively bullish medium-term demand forecas [...]
Crude Oil (USOIL) Price Edges Down to $77.94 Amid Inventory Surprise & OPEC Outlook – FX Leaders

Crude Oil (USOIL) Price Edges Down to $77.94 Amid Inventory Surprise & OPEC Outlook – FX Leaders

Crude Oil (USOIL) Price Edges Down to $77.94 Amid Inventory Surprise & OPEC Outlook  FX Leaders www.fxleaders.com [...]
OPEC+ Extends Supply Cuts into Q2, WTI & Brent Ease

OPEC+ Extends Supply Cuts into Q2, WTI & Brent Ease

Oil (Brent Crude, WTI) News and AnalysisOPEC+ extends supply cuts for Q2, Russia forced into further cutsBrent crude oil starts the week on the back f [...]
Crude Oil posts second monthly gain on tight supply

Crude Oil posts second monthly gain on tight supply

Crude Oil prices ended Thursday’s trading session lower but gained the previous two months due to expectations of a tighter supply and a possible U.S. [...]
OPEC Plans to Extend Production Cuts but Crude Oil Prices End Lower – FX Leaders

OPEC Plans to Extend Production Cuts but Crude Oil Prices End Lower – FX Leaders

OPEC Plans to Extend Production Cuts but Crude Oil Prices End Lower  FX Leaders www.fxleaders.com [...]
Iraq Agreed with Some OPEC Members on New Additional Cuts – Forex Factory

Iraq Agreed with Some OPEC Members on New Additional Cuts – Forex Factory

Iraq Agreed with Some OPEC Members on New Additional Cuts  Forex Factory www.forexfactory.com [...]
Oil up more than $1 after bomb attack in Iran and OPEC statement

Oil up more than $1 after bomb attack in Iran and OPEC statement

Oil ignored the growing closure in the Red Sea yesterday in a $5 reversal but it's now up by more than $1 after a bomb attack in Iran has left a repor [...]
Oil Rises as OPEC+ Predicts Record Demand in 2024

Oil Rises as OPEC+ Predicts Record Demand in 2024

OIL PRICE FORECAST:Most Read: What is OPEC and What is Their Role in Global Markets?Oil shook off an early day slump to rally during the latter half o [...]
The Price of Oil is Near $70 Despite OPEC+ Production Cuts!

The Price of Oil is Near $70 Despite OPEC+ Production Cuts!

This is a guest post by Rania Gule, Market Analyst at XS.com Crude oil is being traded at around $73.00 during Tuesday’s sessions follow [...]
Crude Oil Markets Dissatisfied by OPEC+

Crude Oil Markets Dissatisfied by OPEC+

CRUDE OIL ANALYSIS & TALKING POINTSOPEC+ decision to extend cuts unable to bolster crude oil prices.Potential USD rebound may hinder crude oil bu [...]
Oil Traders Not Convinced by OPEC, WTI Crude Heads to $75 – FX Leaders

Oil Traders Not Convinced by OPEC, WTI Crude Heads to $75 – FX Leaders

Oil Traders Not Convinced by OPEC, WTI Crude Heads to $75  FX Leaders www.fxleaders.com [...]
Confusion and disobedience: Angola’s bold move challenges OPEC+

Confusion and disobedience: Angola’s bold move challenges OPEC+

The OPEC+ statement was a dog's breakfast. Traders seem bewildered at what was agreed to. Adam had the run-down:Angola is planning to ignore its quota [...]
WTI Slips as OPEC+ Voluntary Cuts Fail to Convince

WTI Slips as OPEC+ Voluntary Cuts Fail to Convince

OIL PRICE FORECAST:Oil Failed at the 200-Day MA as the Technical and Fundamental Factors Weighed on the Price.OPEC+ Announce 2 Million bpd Cuts for Q1 [...]
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