US Dollar and Yen Down as Stocks Rise, Crude Oil Down on OPEC+
The anti-risk US Dollar and Japanese Yen fell as stocks aimed higher at the start of the global grading week. Crude oil prices fell after OPEC+ officials failed to agree…
Read More »Oil – A heads up for OPEC (JMMC) meetings next week
The OPEC+ Joint Technical Committee meet on Monday the 16th , with the OPEC+ Joint Ministerial Monitoring Committee meeting the following day, Tuesday the 17th of November
Read More »Crude Oil Weekly Outlook: Crude Oil Stalls Ahead of OPEC Meeting
Upside in Crude Oil struggling ahead of OPEC meeting. Cartel likely to maintain wait and see approach.
Read More »Crude Oil Price Outlook Eyes OPEC Output Restart, US and China Demand
Crude oil prices may be torn between rising demand from the US and China as OPEC+ begins restoring output. Will the non-farm payrolls report give more life to WTI and…
Read More »OPEC+ agrees to extend oil output cuts by one month, until end-July
According to the OPEC delegates, the OPEC and its allies (OPEC+) agreed to extend the oil output cuts of the current 9.7 million barrels per day (bpd)
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