US dollar softer ahead of Powell as US inflation and consumption coolEuro regains some posture, stocks look to stretch November gainsOil unimpressed by OPEC+ decision for deeper...
OPEC+ is struggling to reach an agreement to extend production cuts, leaving the oil market in flux. Assuming we see an agreement this week, WTI and Brent prices could rally above...
Will OPEC+ become more assertive and announce additional production cuts at its 36th Ministerial meeting on Thursday? Octa financial analysts share their opinion. Crude oil price...
A Story of Speculators and SupplyFor the oil market, 2023 has been a story of the power of speculators and upside surprises in supply. Thus far, it has paid to fade speculative...
OPEC+ decision made bigger by four-day delay Global economic outlook to impact the group’s cuts? Brent consolidating near recent lows The OPEC+ meeting will be this...
The West Texas Intermediate crude oil is out of whack with Brent crude and the rest of the commodity complex this morning. The market is still uncertain about the OPEC Plus...
The Brent crude oil market is currently navigating a complex landscape, reflected in the recent decline in prices. On Monday, the price of Brent crude fell to $79.95 per barrel,...
OPEC+ moves meeting from 26th to 30th November Oil pares losses after initial plunge Brent remains near 4-month lows Oil has remained quite volatile today after briefly plunging on...
The last two weeks have been hectic for oil traders, who have had a rich extract of news and data from many directions, fuelling volatility but leaving the price at the same level...
Oil plunges on OPEC+ meeting delay, sparking rally in US dollarBut dollar resumes decline today as rivals advance on easing gloomStocks mostly positive in holiday-thin tradeOil...