Tag: OPEC
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
www.fxleaders.com [...]
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
www.fxleaders.com [...]
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 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
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
www.forexfactory.com [...]
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 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!
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 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
www.fxleaders.com [...]
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
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 [...]