Commodities Analysis by Investing.com (Günay Caymaz) covering: Brent Oil Futures, Crude Oil WTI Futures. Read Investing.com (Günay Caymaz)'s latest article on Investing.com
OPEC+ and geopolitical moves could trigger major shifts for crude traders.U.S. elections and China’s policies add layers of uncertainty.is at a crossroads, with traders watching key moves from major producers and upcoming global events that could spark new price shifts.
However, with the market’s focus shifting to a delicate supply-demand balance, OPEC+’s decision to delay its planned production increase is now in the spotlight. Adding to the complex landscape, increased production from countries like Libya and Iran continues to impact supply. With polls indicating a close race, delays in results or contested outcomes could curb investors' risk appetite, especially in a market as large as the U.S. Post-election policies stand to impact oil demand, keeping crude prices in a narrow trading range as traders await clearer policy signals.As the world’s largest oil importer, China’s economic policies hold sway over oil demand.
Weekly closes above this level could open the door for a retest of $80, potentially signaling a broader economic recovery. A breakdown below $75, however, would put the $73 and even sub-$70 levels back in play.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
US Dollar Bulls Eye Sustained Bullish Momentum Above 102 - CPI Data Holds the KeyForex Analysis by Investing.com (Günay Caymaz) covering: US Dollar Index. Read Investing.com (Günay Caymaz)'s latest article on Investing.com
Lire la suite »
Bitcoin: Strong Buying at Key Support Could Signal Potential 'Uptober' ComebackMarket Analysis by Investing.com (Günay Caymaz) covering: Bitcoin US Dollar. Read Investing.com (Günay Caymaz)'s Market Analysis on Investing.com
Lire la suite »
US Dollar: 104.8 Resistance Challenge Imminent Amid Strong Data, Rising Safe HavenForex Analysis by Investing.com (Günay Caymaz) covering: US Dollar Index. Read Investing.com (Günay Caymaz)'s latest article on Investing.com
Lire la suite »
Tesla Earnings Preview: Will China Growth Be Enough to Offset Margin Pressures?Stocks Analysis by Investing.com (Günay Caymaz) covering: Tesla Inc. Read Investing.com (Günay Caymaz)'s latest article on Investing.com
Lire la suite »
Bitcoin: Rising Yields, US Dollar Strength Threaten Bulls' Potential Push to ATHMarket Analysis by Investing.com (Günay Caymaz) covering: Bitcoin US Dollar. Read Investing.com (Günay Caymaz)'s Market Analysis on Investing.com
Lire la suite »
Crude Oil Bulls Could Resume March as Markets Brace for Middle-East Supply ShockCommodities Analysis by Investing.com (Günay Caymaz) covering: Brent Oil Futures, Crude Oil WTI Futures. Read Investing.com (Günay Caymaz)'s latest article on Investing.com
Lire la suite »