Tag: OPECs
WTI Crude Oil Slides to $71.86 Amid Tariff Uncertainty and OPEC’s Steady Output
Despite easing North American trade tensions, uncertainty looms as Trump’s 10% tariff on Chinese imports is still scheduled to take effect today. Mark [...]
US Crude Oil Bounces Back But Looks Rangebound Before OPEC’s June Meet
Crude Oil (WTI) Main Talking Points and Analysis:Prices have revived after three days of fallsMay’s range looks safe enoughFriday will offer a few tra [...]
Crude Oil Q2 Outlook – OPEC’s Cuts Will Keep Prices Underpinned
Crude Oil Q2 Fundamental OutlookCrude oil prices may continue to rise 2024’s second quarter but they remain subject to the considerable near-term unce [...]
Japan chief cabinet secretary Matsuno welcomes OPEC’s decision to boost oil output
The news overnight was of:Up from the previously agreed to circa +430K in those months. This is a welcome development, and will make a difference at t [...]
World is facing a ‘game changer’ as Russia’s war roils energy markets, says OPEC’s Barkindo
OPEC Secretary-General Mohammed Barkindo speaks during the opening ceremony of the Abu Dhabi International Petroleum Exhibition and Conference in Abu [...]
OPEC’s pre-ministerial meeting is due today
JTC meeting begins at 1200 GMT The JTC's role is to make an assessment of energy markets, the supply and demand balance, for OPEC ministers to c [...]
WTI May Resume Climb on OPEC’s Dwindling Spare Capacity
Crude Oil, WTI, OPEC, Spare Capacity, RSI Divergence - Talking PointsGlobal oil prices drop after OPEC signals releasing more barrels in MarchOPEC me [...]
COP26 ‘definitely a wake-up call’, says OPEC’s Barkindo
The secretary general of oil producer group OPEC has said the COP26 climate summit in Glasgow was "definitely a wake-up call."Speaking to CNBC at t [...]
Crude Oil Stays Bullish, Regardless of OPEC’s Compliance Falling
Crude Oil was once fairly bullish from April till August, following the massive crash to -$40 for US WTI crude, however then it stagnated beneath [...]
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