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ProShares Ultra Bloomberg Crude Oil ETF Newsroom
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.
Report: OPEC+ Set to Delay Oil Production Strategy Meeting
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.
Commodity Roundup: Oil Steady Ahead of OPEC+ Meeting, Platinum Market to See Deficit in 2025
Goldman Sees 'Significant' Hit to US From Trump's Canada Tariffs
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.
Oil Steady Ahead of OPEC+ Meeting as Cease-Fire Reduces Risks
Update: WTI Oil Falls Ahead of OPEC+ Weekend Meeting as Trump Threatens Tariffs on Canada and Mexico
Israel Agrees to Leganon Ceasefire Deal, Crude Oil Declines
OPEC+ Begins Talks on Delaying Oil Output Restart Again
Oil Price Under Pressure After Strong Weekly Gain – Commerzbank