Tag - wti - west texas intermediate

OIL: outlook for 2020
OIL: outlook for 2020

Oil price in 2020 is one of the central discussions among the analysts. What it will be depends on the factors of influence, which we examine in the article.

OPEC meeting: a look at the outcomes
OPEC meeting: a look at the outcomes

What are the importance of OPEC meetings and their influence on oil prices? This article examines the main factors answering this question.

Oil market updates on October 23
Oil market updates on October 23

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.

Oil is at the key support
Oil is at the key support

Technically WTI is testing levels below the 200-week MA. This makes it vulnerable for the retest of June and August lows.

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