OPEC+ talked for more than eight hours on Thursday. Oil price plunged at the end. Why?
Tag - brent
OPEC+ is almost done with the big output cut, but the oil price doesn't like it enough.
Time to collect our knowledge about OPEC and prepare for its meeting.
OPEC+ is holding a video conference this Thursday to strike a global output cut deal - will that happen?
Most of the currency pairs are in a consolidation, oil is waiting for the OPEC+ deal.
So are Russia and Saudi Arabia going to strike a deal? And where is the US?
WTI was at $20 per barrel just in the beginning of the day. Currently - above 25$.
WTI is at 17-year lows. Is it the end?
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