WTI, OPEC+ – Talking PointsOPEC+ agrees to cut oil production by 2 mln barrels per dayWTI rallies into key trendline resistance, 50-day moving averageWhite House extremely disappointed with OPEC “alignment with Russia”
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<p>The recent series of OPEC+ meetings have been very short, some less than 10 minutes. But this is an in-person meeting and they're contemplating a large cut so it will likely take some...
Crude Oil, US Dollar, WTI, OPEC+, CFTC, Backwardation – Talking PointsCrude oil prices have pushed higher with OPEC+ set to cut productionThe headline number of supply reduction might differ from actual outputIf OPEC+...
Earlier headlines here:Reports that the US is lobbying OPEC+ nations not to cut oil output (... well, d'uh)While it should come as no surprise the US in engaging in such a campaign, CNN...
Reuters citing a 'source familiar with the matter' says that the US is pushing OPEC+ nations not to proceed with an oil output cut. Arguing that economic fundamentals do not support a cut.---It...
OIL PRICES FORECASTOil prices blast higher on reports that OPEC+ will deliver a substantial output cut this week to support the marketWTI and Brent’s near-term outlook appears to be improving following the steep...
