OPEC

Crude prices have been rising this week, but it's interesting to note that the driving forces appear to be shifting. That could have important implications for whether or not Brent crude prices manage to break out of the range that has…
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Markets have pretty much come to the conclusion that the ECB to cut rates is highly likely when it meets on Thursday. That means that the focus is likely to be on what President Christine Lagarde will signal for future rate decisions.…
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Despite rising tensions in the Middle East, crude prices are still lower than they were a month ago. Sure, there has been a rebound since the September 10 bottom, but it's remarkable how crude prices are struggling in the current…
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Prices of Brent have been topsy-turvy all month, as strong forces push in opposite directions. On the one hand is the sudden increased worry of a global slowdown that appeared in early August. On the other, tensions in the Middle East flare…
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Oil prices have been on a bit of a roller-coaster lately. Falling to four-month lows in early June, then rebounding. The price dropping after OPEC+ affirms its plan for production cuts, rising after the dollar ends up a little stronger.…
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There has been a lot to weigh down on WTI this week, so no surprise the price has gone back to where it was back in March. Though at least in the early part of Tuesday, there has been a bit of a rebound. Analysts are still debating whether…
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Crude prices have become increasingly harder to predict, particularly in the medium- to long-term. Analysts have made a series of miscalculations about supply and demand, which has left some traders wondering if new models will be needed to…
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The Brent crude hitting a higher high The Brent crude resumed the upward momentum as the current outlook for black gold shows further demand. Heightened geopolitical tensions, steady demand growth, and OPEC+ extending cuts until at least…
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WTI price recently popped above the $80/bbl once again. This time it was a more convincing move that could suggest the price is solidly back to November levels. The move higher came in the wake of the US Department of Energy reporting a…
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The Nasdaq 100 retraces as AI stocks flourish The Nasdaq 100 saw a slide away from record highs as the Fed remains cautious about its monetary policy. However, with Nvidia jumping over 12% as revenues soar, this strong performance will…
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