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Crude Oil WTI Futures - Jun 24 (MCGBc1)

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6,444 -44    -0.68%
31/05 - Closed. Currency in INR ( Disclaimer )
Type:  Commodity
Group:  Energy
Unit:  1 Barrel
  • Prev. Close: 6,488
  • Open: 6,464
  • Day's Range: 6,413 - 6,561
Crude Oil WTI 6,444 -44 -0.68%

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Crude Oil WTI Futures Discussions

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Sahil Raj
Sahil Raj 14 minutes ago
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Now its interesting , OPEC agress Deep cup in to 2025
ol pa
ol pa 16 minutes ago
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What time Opec meeting?
Ahmed Sameh
Ahmed Sameh 10 minutes ago
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godmorning wake up from sleep , finished already , extending cuts
Kushagra Shah
Kushagra Shah 27 minutes ago
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UAE gets a boost to their production by 300 bpd followed by Russia and Nigeria a boost of 150BPD. Voluntary cuts to phase out from October 2024. Bearish for crude. Gap down opening and crude may fall up to $72 by expiry.
Kushagra Shah
Kushagra Shah 27 minutes ago
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300k and 150k
Marek Swein
Marek Swein 15 minutes ago
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Next ape 🤦
Ahmed Sameh
Ahmed Sameh 9 minutes ago
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bullish , stupid
Rendhir krishnan
Rendhir krishnan 9 minutes ago
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UAE, a small portion. It will not affect the market
Aaaa alm
Aaaa1 2 minutes ago
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this baseline not production increase ,so if they decide to extend or raise or reduce cut UAE share will be from this new baseline , got it ?
Coco Magic
Coco Magic 28 minutes ago
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Extend the level of overall crude oil production for OPEC and non-OPEC Participating Countries in the DoC as per the attached table starting 1 January 2025 until 31 December 2025.
Coco Magic
Coco Magic 31 minutes ago
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Reaffirm the Framework of the Declaration of Cooperation, signed on 10 December 2016 and further endorsed in subsequent meetings; as well as the Charter of Cooperation, signed on 2 July 2019. Extend the level of overall crude oil production for OPEC and non-OPEC Participating Countries in the DoC as per the attached table starting 1 January 2025 until 31 December 2025. Extend the assessment period by the three independent sources to the end of November 2025, to be used as guidance for 2026 reference production levels. Reaffirm the mandate of the Joint Ministerial Monitoring Committee (JMMC) to closely review global oil market conditions, oil production levels, and the level of conformity with the DoC, assisted by the Joint Technical Committee (JTC) and the OPEC Secretariat. The JMMC meeting is to be held every two months. Hold the OPEC and non-OPEC Ministerial Meeting (ONOMM) every six months in accordance with the ordinary OPEC scheduled conference. Grant the JMMC the authority to hol
Natalia Ermakova
Natalia Ermakova 36 minutes ago
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So, the bottom line from the OPEC+ meeting: MANDATORY production cuts have been extended until the end of 2024. A STAGED CANCELLATION of these cuts is planned for 2025. VOLUNTARY cuts have been extended only until the 3rd quarter of 2024 inclusive. As for the mandatory cuts, it was expected. But the market’s expectations were precisely voluntary. Traders and analysts had been waiting for an extension to the voluntary cuts, seeing it as necessary to offset sharp production increases from several OPEC+ competitors, primarily U.S. shale producers, as well as the poor economic outlook for major consumers like China. And here, alas, there was no consensus. They don’t want to make voluntary cuts at the end of 2024 and 2025. The next OPEC+ meeting is December 1, 2024.
Natalia Ermakova
Natalia Ermakova 34 minutes ago
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LONDON/DUBAI (Reuters) -OPEC+ agreed on Sunday to extend most of its deep oil output cuts for 2024 but to start phasing them out in 2025, as the group seeks to shore up the market amid tepid global demand growth, high interest rates and rising rival U.S. production.
Tracy McGrady
Tracy McGrady 15 minutes ago
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So, will we continue to go down to 72$, or crude will start to rising from tomorrow?
Aaaa alm
Aaaa1 1 hour ago
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Boys and Girls, so next OPEC+ ministerial meeting won’t happen until US Presidential elections finishes. And they extended oil production policies till 31-Dec-2025!
Toib Amin
Toib Amin 51 minutes ago
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what will b th the price movement tomorrow be specific
Aaaa alm
Aaaa1 40 minutes ago
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tomorrow i dont know but overall and long term bullish
gigi gambler
gigi gambler 39 minutes ago
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You now this befor the OPEC meeting was ending respect.
Ganesh Ganiga
Ganesh Ganiga 1 hour ago
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What will be the price on monday, will it touch 80
konstantinus konstantinus
konstantinus konstantinus 1 hour ago
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72 i think. Gap down
Ganesh Ganiga
Ganesh Ganiga 52 minutes ago
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Why do u think
Aaaa alm
Aaaa1 1 hour ago
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New Opec Required Production levels for 2025 - BEFORE VOLUNTARY CUTS. UAE gets a big 300kbd boost, to be phased in between Jan 25 and Sep 25
Natalia Ermakova
Natalia Ermakova 1 hour ago
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The OPEC+ meeting has been going on for more than 4 hours. finally agreed only on voluntary cut and only until the end of 2024. The extension of mandatory cut is still being discussed.
Prabhu R
Prabhu R 1 hour ago
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So cut is there in some form. Why did you keep your shorts at the time of OPEC meeting?
 
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