Oil prices surge after OPEC Plus cuts output Keep an eye on Thai inflation
The Petroleum Exporting Countries (OPEC) and its allies, orOPEC Plus cut production by 2 million barrels per dayIn November, it said the drop in production capacity was OPEC+’s biggest production cut since 2020 and was the second straight month of production cuts.As a result, the price of oil in the global market immediately rose. Reaction […]
US Drains OPEC Plus Oil, Releases 10 Million Barrels From Inventory I TNN Financial Hours I 07-10-65
Subsequent factors 1. US oil OPEC Plus released 10 million barrels of reserves 2. Expect a tight oil market until next year Watch for Brent over 100. $/barrel 3. Global reserves fall by $1 trillion Result currency intervention efforts #Oil #OPEC+ #Brent #USA #Currency . Follow TNN Silver Hours. Every time Mon-Fri 09.30-10.30 on TNN […]
“OPEC Plus” crude oil production cuts are a new crisis for the global economy! President Biden “Cut crude oil production domestically, ask for an increase in foreign production” Responding to misunderstandings … Midterm election pinch: Watch J-CAST company[testun llawn]
A new dark cloud has been added to the global economic crisis. On October 5, 2022, OPEC Plus, which includes OPEC member countries and non-member oil producing countries such as Russia, decided to reduce crude oil production by 2 million barrels per day from November. The drop in production is the biggest since 2020, when […]
ORI Shows Confident Record Sales Through 35 Billion To TNN Making Money Hours I 06-10-65
ORI shows record sales Confident that the whole year will be more than 35 billion, it is clear that the demand for housing has improved this year. after being held back last year This is reflected by the strong increase in sales by operators Recently, “Origin Property” is another which reveals that sales of housing […]
OPEC Additionally announces generation cuts in Oct Very first time in much more than a year
Petroleum Exporting Countries (OPEC) and its Allies or OPEC Plus The meeting ended on Monday (5 September) with a choice to minimize production potential by 100,000 barrels for each day in October. OPEC Plus has made a decision to cut manufacturing for the initial time in a lot more than a year to guidance globe […]
Thaioil Weekly Oil Market and Forecast as of 5 September 2022
Thai Oil expects West Texas crude to go about a assortment of 83 – 93 USD for each barrel, whilst Brent crude is in a variety of 90 – 100 USD for each barrel. Crude oil value scenario development (5 September – 9 September 65) The value of crude oil varies. As markets viewed for […]
OPEC Plus ignores the US Hold on, don’t increase oil production I TNN Money Making Hours I 30-12-64
Follow-up factors 1. OPEC Plus ignores the US Adhering to not increasing oil production Let’s start with the factors that are likely to affect oil prices in the world market. On January 4 next year, there will be one event that investors must keep an eye on. Because there will be a meeting of the […]
OPEC Plus postpones technical meeting to Wednesday (December 1)
OPEC Plus postpones technical meeting to Wednesday (1 Dec) hopes to assess the impact of Omicron virus on oil demand and prices first. Reuters reported, citing sources as saying. Petroleum Exporting Countries (OPEC) and its allies or OPEC Plus It has decided to postpone the meeting of the Joint Technical Commission from Monday 29 November […]
Analysis of the oil price situation (17 Nov ’64)
Crude oil prices rose due to limited supply from OPEC Plus resolution. Amid concerns over the number of Covid-19 cases in Europe + oil priceBrent raw material increased after supplycrude oilStill tight due to the consensus to increase the production rate of the group.OPEC Plus amid the demandoilstill higher in many countries especially the Asian […]
Oil’s direction is stable after OPEC Plus increases production capacity by 400,000 barrels – Post Today Economic-Business News
The direction of oil began to stabilize after OPEC Plus increased production capacity by 400,000 barrels. Date 11 Nov 2021 time 15:10 EPPO monitors world oil prices Pointed out that OPEC Plus increased production by only 400,000 barrels, resulting in stable crude oil prices. Expect the US to drain oil reserves to reduce pressure on […]
