OPEC Back in Business, the Market is Sceptical

OPEC Back in Business, the Market is Sceptical






OPEC Back in Business, the Market is Sceptical $OIL, $USO Crude Oil plummets to a 1-month low following the conclusion of the weekend’s 2-day informal technical OPEC meeting Familiar concerns have emerged about OPEC’s willingness and ability to cut production in order to push prices higher OPEC’s output accord in Algiers last month was initially […]






On the Sidelines of G20, No Crude Oil Production Freeze

On the Sidelines of G20, No Crude Oil Production Freeze






On the Sidelines of G20, No Crude Oil Production Freeze $OIL, $USO On the sidelines of the G20 Summit now finished meeting in Hangzhou, the Russian and Saudi Arabian Oil ministers met and agreed to create a producers’ group that would meet regularly to monitor the Oil markets. Brent Crude reached a high early of […]






Freeze Speculators Hammered, Crude Oil Prices Head Due South

Freeze Speculators Hammered, Crude Oil Prices Head Due South






Freeze Speculators Hammered, Crude Oil Prices Head Due South $USO, $OIL Crude Oil prices seeing a steep fall in early Monday morning Asian trading hours after talks ended in Doha, Qatar with no agreement on capping production, could touch 26 bbl (or lower) near term This is an extremely Bearish scenario with the 1998 lows […]






Any Deal To “Freeze” Crude Oil Production To Have Limited Impact

Any Deal To “Freeze” Crude Oil Production To Have Limited Impact






Any Deal To “Freeze” Crude Oil Production To Have Limited Impact A deal to freeze Crude Oil production by OPEC and non-OPEC producers will have a limited impact on global supply and markets are unlikely to rebalance before Y 2017, the International Energy Agency (IEA) said Friday. The IEA, which oversees the energy policies of […]