Tag: OPEC
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 [...]
OPEC meeting ends, oil down more than $2 – ForexLive
OPEC meeting ends, oil down more than $2 ForexLive
www.forexlive.com [...]
OPEC+ meeting reportedly to go ahead as expected later today – ForexLive
OPEC+ meeting reportedly to go ahead as expected later today ForexLive
www.forexlive.com [...]
WTI Faces Technical Hurdles as OPEC+ Rumors Swirl
OIL PRICE FORECAST:Oil Continues to Advance as Market Participants Eye Further Cuts by OPEC+.Rumors Suggest That There is Still Disagreements Regardin [...]
Oil Latest – Traders on the Sidelines as OPEC+ Meeting Nears
Oil Analysis, Prices, and ChartsThe virtual OPEC+ meeting starts on Thursday and may prove fractious.Oil prices are set to tread water ahead of any a [...]
Brent, WTI Oil Prices Await OPEC Supply Cut Quotas for 2024
Oil (Brent, WTI) News and AnalysisDelayed OPEC+ meeting to take place on Thursday at 13:00 GMT – individual quotas and supply cuts remain central to [...]
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Traders Wait For OPEC+ News
WTI Oil
WTI Oil 241123 Daily Chart
WTI oil was mostly flat amid reports that OPEC+ was close to a compromise with African producers who wanted to inc [...]
OPEC Delays Meeting and EIA Storage Data Rises Again
Oil (Brent, WTI) News and AnalysisEIA storage figures reveal increasing stock levels – keeping prices suppressedBrent crude pullback has proven to be [...]
OPEC+ meeting postponed to November 30
OPEC + meeting scheduled for NOvember 26 has been deleyed to November 30. Saudi officials have expressed dissatisfaction with the oil production level [...]
Loonie Faces Key Support Ahead of US Data & OPEC+
USD/CAD ANLAYSIS & TALKING POINTSModerating Canadian inflation unable to shake CAD bulls just yet.US durable goods orders, consumer sentiment and [...]