Price war again? It is rumored that OPEC+ will continue to increase production, causing a sharp 3% drop in oil prices!
OPEC+ plans to increase production by 0.18 million barrels per day in December, which is part of the process of easing production cuts.
Crude oil product analysis at noon: hurricanes, sanctions, Middle East turmoil, will oil prices make waves again?
Middle East tensions escalate, Brent crude oil futures prices slightly rise... Iraq, Jordan, and Egypt condemn Israel's "aggression"... Hurricane Helen approaching, usa Gulf of Mexico crude oil production greatly reduced...
Libya's supply concerns eased, international oil prices plummeted by 2%.
Signs indicate that Libya may soon resume production, leading to a significant and sustained drop in oil prices.
Negotiations to restart the crisis at the Central Bank of Libya, recent warming oil prices may return to decline.
The competitors of this OPEC country's government have differences regarding the central bank governor issue; the stalemate has led to a significant decrease in crude oil production, triggering a tense mediation.
Oil: The End of an Era – Rabobank
Midday crude oil analysis: OPEC calls for higher oil demand, what will be the future trend of crude oil?
Brent crude oil futures prices fall... China's central bank cuts interest rates and reserve requirements... Hurricane Helen approaches...