OPEC

WTI dailyThere is still a high chance that OPEC+ comes to an agreement on supply as higher prices are positive for all oil-producing countries. However, there appears to be a real sticking point over country quotas, particularly in…

Oil Analysis, Prices, and ChartsThe virtual OPEC+ meeting starts on Thursday and may prove fractious.Oil prices are set to tread water ahead of any announcements.Download our complimentary guide on How to Trade Oil Recommended by Nick…

Breadcrumb Trail LinksPMN BusinessSaudi Arabia is asking others in the OPEC+ coalition to reduce their oil-output quotas in a bid to shore up global markets but some members are resisting, delegates said.Author of the article:Bloomberg…

© Reuters Oil Markets on Alert: OPEC+ May Tighten the Taps Amidst Surplus Forecasts Quiver Quantitative - The oil market is poised on a knife-edge, with hovering near the $81 mark and West Texas Intermediate under $76, as stakeholders…

Oil (Brent, WTI) News and AnalysisEIA storage figures reveal increasing stock levels – keeping prices suppressedBrent crude pullback has proven to be short lived after failing to surpass 200 SMAWTI revealing a bearish formation (evening…

TUE: EZ M3 (Oct), US Richmond Fed (Nov).WED: RBNZ Policy Announcement; German Prelim. CPI (Nov), UK Mortgage Approvals/Lending (Oct), EZ Economic Sentiment (Nov), US GDP 2nd (Q3).THU: Chinese NBS PMIs (Nov), German Retail Sales &…

OIL PRICE FORECAST:Oil Recovery Now Up 7%+ from Last Week's Lows with $80 a Barrel Now in Sight.Speculation Continues to Mount Around Further Supply Cuts from OPEC+ as the Organization Meets Later this Month.Technical Hurdles Ahead May…

Ahead of oil futures trading opening for the week, there is some chatter about that OPC+ will not be considering further reductions in output at their meeting his week on November 26. Earlier reports were that further cuts are being…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange,…

SlavkoSereda/iStock via Getty Images Crude oil rebounded Friday from four-month lows hit in the previous session, as traders see a growing likelihood that OPEC and its allies will work to stop the nearly 20% plunge in prices since late…