OPEC will hold another meeting on December 5-6. This article examines the possible outcomes of this meeting in the context of one of the primary influence factors.
Tag - brent
The first week of December will be highlighted by the RBA meeting as well as the job report for the United States. Learn more!
Oil traders are awaiting the release of the weekly crude oil stocks change at 17:30 MT time.
Today, the oil prices may move on the release of crude oil inventories at 18:00 MT time.
This week Brent has reached the highest levels since the end of September. It looks like oil has bottomed. Yesterday the price met resistance at 61.80 (100-day MA).
According to yesterday’s news OPEC is considering further production cuts. The next meeting of oil-producing countries is scheduled for December 5-6. The announcement pushed the oil prices up yesterday.
Heads up to the release of weekly crude oil inventories at 17:30 MT!
Crude oil inventories will be out at 17:30 MT time
What’s next for oil? In this article, we try to analyze various fundamental factors to answer this question.
The updates from the UN General Assembly continue coming and may provide us some trade opportunities. Check the key events in the report!
The tweet by Iran's foreign minister increased the possibility of tensions in the region. It pushed the oil prices up.
The FOMC meeting is on the agenda. Will the Fed keep its rate on hold or not?