Tag: OPEC

Brent Finds Support as Focus Shifts to OPEC+ Next Week

BRENT CRUDE OIL (LCOc1) ANALYSISBackwardation points to elevated prices.Recession woes may be declining. OPEC+ output levels.BRENT CRUDE OIL FUNDAMENTAL BACKDROPBrent crude oil conditions remain tight despite the recent price slump. If we look...

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