Oil prices plummet as Saudi output set to fully recover, trading the breakouts
Big retracement as supply side woes may ease following comments from the Saudi energy minister that output set to recover by month’s end.
2019-09-18T15:22:20+0100
Big retracement as supply side woes may ease following comments from the Saudi energy minister that output set to recover by month’s end.
2019-09-18T15:22:20+0100
Despite the Organisation of the Petroleum Exporting countries and its allies agreeing to extend supply cuts on Tuesday it was unable to offset investors’ concerns about global demand for crude.
2019-07-02T15:15:07+0100
As expected, the start of the trading week has been a little slow.
2019-05-28T00:06:00+0100
Crude prices are attempting to recover from a 42% sell-off in Q4 2018. However, with OPEC predicting that supply growth will outstrip demand in 2019, something needs to be done or else we could see further crude weakness.
2019-01-17T17:07:36+0000
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