Crude Oil Surges After OPEC Confirms Delay of Supply Restart
Oil, Gas Companies Told to Cut Emissions by One-third Under Planned Cap
UAE: Will increase production even if oil prices fall!
The UAE still plans to increase its oil production to 5 million barrels per day in the coming years.
Unexpected turn of events: critical for the swing state election! The US dollar plummeted across the board, prompting OPEC to ignite crude oil product.
The early mmf market was active on Monday (November 4th), as a recent poll in Iowa showed Democratic presidential candidate Kamala Harris leading Republican candidate Donald Trump, causing a blow to the US dollar.
Crude oil analysis at noon: OPEC delays production increase, market closely watches tomorrow......
Due to OPEC+ deciding to delay the supply restoration by a month, Brent crude oil futures prices rose by over $1 per barrel during the early trading session in Asia.
WTI Moves Above $70.00 After OPEC+ Delay in Output Increase, Eyes on US Election