WTI surges above $90.00 for the first time since October 2014 By Frank_Macro Oil WTI OPEC
than $2.0, which would mark the best one-day performance in three weeks. No specific one fundamental catalyst can be singled out as behind the recent surge in prices that has seen WTi rebound more than $3.0 from intra-day lows under $87.00. but analysts/market commentators have been discussing a cocktail of bullish factors in recent days that have been supporting the bullish mood in oil markets.
The group agreed on Wednesday to stick to its policy of lifting output quotas by 400K barrels per day each month, disappointing some who expected a larger hike to output quotas.
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.
WTI Price Analysis: Clinging onto 21-SMA on 4H ahead of OPEC+ meetingWTI (NYMEX futures) is posting small losses so far this Wednesday, although defending the $87 mark after repeated failures to at the $88 threshold ove
Lire la suite »
WTI Crude Oil Forecast: Choppy Ahead of OPECThe West Texas Intermediate Crude Oil market went back and forth on Wednesday as we are dancing around just below the $90 level.
Lire la suite »
U.S. COVID death toll tops fall peak and is higher than in other wealthy countries, as global deaths climb 9% in latest weekThe average number of daily deaths from COVID-19 in the U.S. has climbed above 2,600, according to a New York Times tracker, now higher than the peak surge...
Lire la suite »
Oil News and Forecast - FXStreetCheck our updated for Oil News including real time updates, technical analysis and the economic latest events from the best source of Forex News.
Lire la suite »
Extreme marine heatwaves are now normal for the world's oceans2014 marked the first time more than half of global ocean surface recorded temperatures considered extreme compared to a historical average
Lire la suite »
Sales to Android phone manufacturers help Qualcomm report a strong quarterQualcomm reported strong fiscal first quarter earnings as its revenues soared above $10 billion.
Lire la suite »