Der Coup der Opec / Kommentar zur Entwicklung des Ölpreises von Dieter Kuckelkorn finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
OPEC+ meeting preview: Will more production stall crude’s impressive rally?
Ahead of Thursday’s meeting, cracks are emerging in OPEC+’s united façade once again - what will that mean for the price of crude? Share:
Markets are starting the week off on a bullish note on the back of US stimulus package hopes, with equities rising across the globe, bond yields reversing Friday’s surge, and oil prices supported near their 14-month highs.
Crude oil will be particularly interesting for traders this week ahead of Thursday’s highly-anticipated OPEC+ meeting. After all,
the cartel’s failure to reach an agreement was one of the primary factors that drove oil prices into negative territory last April (I still have trouble believing this happened, nearly a year later!). After that catastrophic development, coordination between Saudi Arabia and Russia increased, culminating in a nearly 9.7M b/d cut to production to keep
Саудовская Аравия и ряд стран ОПЕК+ с февраля снижают добычу нефти | Саудовская Аравия Нефть Добыча | АФН | Белорусские новости | Республика Беларусь afn.by - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afn.by Daily Mail and Mail on Sunday newspapers.