Fitch saying what we all already know. Oil producers have been unable to hit their quota production prior to the cuts. Fitch (in brief):OPEC+’s decision to cut production quotas by 2 million barrels...
This added update is via Reuters:2022 Brent price forecast to $104 per barrel from $992023 forecast to $110 per barrel from $108 raised its fourth quarter 2022 and first-quarter 2023 Brent price forecast...
Crude oil prices form a clear trend after OPEC confirmed a 2 million barrel cut.
The cryptocurrency market has managed to maintain a steady market capitalization for consecutive weeks.
Despite strong price climbs, the DAX...
Crude Oil, WTI, OPEC+, DOE Inventory Data, NFPs - Talking Points:WTI crude oil prices are heading for the best week since late FebruaryOPEC+ output cuts, shrinking DOE inventories propel oil on WednesdayAhead, oil...
The UAE is likely to support substantial oil production cuts proposed by Saudi Arabia and Russia at Wednesday’s Opec+ meeting in a blow to US efforts to try to stop the deal.Full Article"Two...
