OPEC 'Stuck Between a Rock and a Hard Place' as Planned Meeting Delayed
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As of the close of the U.S. stock market on Wednesday, November 27, the three major U.S. indices continued to reach historical highs this month, with the dow jones industrial average rising 7.08%, marking the largest monthly increase of the year.
Can this year's star stocks that have surged continue their glory? The analysts' expectations will be revealed!
Will the outstanding performing stocks this year be able to continue to rise in 2025? The analyst's target price indicates that some stocks may face a pullback.
Suspense heightened! OPEC officially announced the postponement of an important meeting, intensifying the battle between production cuts and increases.
The analysis pointed out that although the two meetings of OPEC+ were held online, their importance is very high, as they relate to the organization's oil production plans for the next year, which will have a huge impact on international oil prices and the revenues of member countries.
Struggling to move forward? After changing to an online meeting, the OPEC+ meeting has been postponed.
Representatives claim that the official reason for the postponed meeting is conflicting schedules of the ministers, do you believe it?
Trump's tariff plan angers many? US oil industry warns: rbob gasoline costs rise exacerbating consumer burden
① President-elect Trump of the usa threatens to impose a 25% tariff on products from Mexico and Canada, causing concerns in the oil rbob gasoline industry; ② U.S. refineries highly rely on crude oil imports. The American Petroleum Institute warns that tariffs will raise refining costs and gasoline prices, exacerbating consumer burden; ③ Analysts believe the likelihood of Trump implementing the tariff plan is small.
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OPEC+ faces a difficult decision: continue to cut production or face a sharp drop in oil prices?
According to forecasts, even if OPEC+ does not increase production next year, there will still be a large surplus in the oil market. If production cuts are maintained, some member countries may easily become discontented.
Trump's oil drilling plan leaves OPEC+ in a difficult position.
Trump's aggressive plan to significantly increase usa's oil production poses a "direct threat" to OPEC+'s market share.
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s&p 500 is expected to reach 7000 points! Optimistic sentiment spreads on Wall Street, these industries may become the new hotspots!
From the recent us stock market trend, the three major "frontier technology" sectors are performing extremely strong, which are quantum computing, space satellite, and nuclear power concept stocks.
Midday crude oil analysis: Concerns about crude oil demand, the market is focusing on this important meeting!
Due to the news of a ceasefire between Israel and Palestine, oil prices have fallen, but a weakening dollar may limit the downward pressure brought by the easing of geopolitical tensions.
JPMorgan Updates Its U.S. Analyst Focus List – Adds TPR, ALRM, REG