Searched for: OPEC
Results: 1 to 10 of 122
  • Intraday Market Thought: Recording of Ashraf's Today Session

    by Adam Button | Mar 3, 2021 22:36
    crude shrugged it off on optimism that OPEC+ will rollover cuts...The OPEC+ meeting on Thursday will no-doubt....Friday on a report from Reuters saying OPEC+ is considering rolling over current....even if they return, the rollover of OPEC+ overall production would be well-..
  • Intraday Market Thought: Don't Count out OPEC

    by Adam Button | May 15, 2017 23:54
    Don't Count out OPEC Chart and while it's tempting to doubt OPEC, the oil market has a way of breaking....The temptation is to now bet against OPEC... we're reminded of two big previous OPEC announcements...most-recent one was on November 30 when OPEC first announced a supply cut agreement... time that oil waited for the official OPEC word before moving...In December 2015 OPEC left quotas unchanged...The OPEC meeting is May 25.
  • Intraday Market Thought: أسبوع لا مثيل له في الأسواق

    by Ashraf Laidi | Jun 11, 2018 15:22
  • Intraday Market Thought: OPEC+ Playbook

    by Adam Button | Apr 8, 2020 22:58
    OPEC+ Playbook Chart Thursday's OPEC+ meeting is a major risk to the oil....times, a 1-2 million barrel cut from OPEC would be major news but on Thursday the....Those are the types of numbers OPEC+ members and others invited to the....Algeria's oil minister said OPEC+ cuts could reach 10 mbpd on Wednesday....6mbpd and around 4 mbpd from OPEC...That gap could be bridged, but the OPEC meeting itself may be just the....The risk is that OPEC cuts could have a conditional element..
  • Intraday Market Thought: Quarterly Closes Point to More Ahead

    by Adam Button | Apr 1, 2021 19:05
    Quarterly Closes Point to More Ahead Chart OPEC+agreed on gradual hikes...OPEC+ Reaches Gradual Agreement...OPEC+ reached a deal to lift production..
  • Intraday Market Thought: No Inflation Panic From Powell

    by Adam Button | Nov 3, 2021 21:50
     No Inflation Panic From Powell Chart nbsp; The OPEC+ meeting is up next...Next up is the OPEC+ meeting, which is at noon UK time...bpd but the intrigue will be at whether OPEC hints at a possible augmentation down.... US has made vague threats of action if OPEC doesn't pump more.
  • Intraday Market Thought: Gold vs Oil Revisited

    by Ashraf Laidi | Nov 30, 2022 14:58
    Gold vs Oil Revisited Chart OPEC will be closely watching the ouctome of....decline in oil prices will see OPEC rushing to cut supplies, which would..
  • Intraday Market Thought: Oil Shrugs Off OPEC, USD Hardens Fall

    by Adam Button | Dec 3, 2020 22:15
    Oil Shrugs Off OPEC, USD Hardens Fall  Chart OPEC didn't deliver what markets were....Thursday was all about deal-making with OPEC, Brexit and US stimulus all in play...It was OPEC+ that made its move on Thursday and it....Instead, OPEC opted for a plan to raise production.... the recent range in crude through the OPEC news is a good sign for the bulls...OPEC still has 7.
  • Intraday Market Thought: OPEC Cuts 10 Cuts Deep, Oil Unimpressed

    by Adam Button | Apr 9, 2020 23:14
    OPEC Cuts 10 Cuts Deep, Oil Unimpressed Chart have occured last night since OPEC+ pledged to cut crude production by 10....will not go with the cuts, before some OPEC members responded the deal will not go....The war within OPEC ended Thursday as Russia and the group....OPEC is looking for non-members to pledge to....a great political move that will shield OPEC and Russia from further criticism.
  • Intraday Market Thought: Oil Breaks, Will CAD Follow?

    by Adam Button | Jun 2, 2021 13:14
    Oil Breaks, Will CAD Follow? Chart Crude oil broke out as OPEC+ confirmed it will follow its script to....The OPEC+ decision was no surprise but the....OPEC, like everyone else in the oil market,..