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Crude oil markets rallied a bit during the trading session on Thursday again, as we await the results of the OPEC meeting. That being said, the market is also approaching the top of an important ...
Oil prices fell 2% on Monday after China’s stimulatory plans failed to impress traders and oil alliance OPEC lowered its demand forecast. West Texas Intermediate closed at $73.83 per barrel ...
The crude oil markets continue to be very volatile, as seen during the Wednesday session, dropping initially, but then pulling back to the upside as we await the results of the OPEC meeting later ...
Crude oil markets pulled back just a bit during the early hours, but then turned around to show signs of strength yet again. Crude Oil Price Forecast – Crude Oil Markets Continue to Press the ...
Crude oil markets continue to move to the upside on the idea of increased demand, as OPEC recently suggested that demand is going to pick up through the rest of the year.
May: Saudi Arabia supports a crude oil price hike during a late-month OPEC meeting. NYMEX Futures prices exceed $22 per barrel. Oct: OPEC production reaches highest level in more than a decade at 25.25 Mbbl/d (4,014,000 m 3 /d). December: U.S.A., Mexico, and Canada sign the North American Free Trade Agreement (NAFTA).