by Ryan Littlestone | November 30th, 2017, 12:41:11 | News
The OPEC meeitng is the usual mess of headlines Still more chatter coming out of the OPEC meeting and plenty of conflicting views and opinions. Oil markets are taking it all in their stride. Brent is just running around in a rough 100 tick range. Expect further...
by Ryan Littlestone | November 30th, 2017, 09:31:35 | News
Comments coming out of Vienna Iraq OPEC agrees in principle to 9 month extension OPEC says it will monitor output cuts deal every three months Saudi oil min OPEC must do more because overhang remains We’re entering a period of lower oil demand Inventories have...
by K-man | November 30th, 2017, 09:12:55 | News, Technical Analysis
9 months extensions has widely been recommended Comments will roll in the whole day. The unknown factor is still Russia although yesterday Opec said they were on the same line. Cad has been weakening into the event as oil found a top. Hedge funds have been unwinding...
by Ryan Littlestone | November 28th, 2017, 16:57:22 | News
Here we go with every Tom, Dick and Harry having 5 minutes in the spotlight Kuwait supports an extension OPEC committee to look at length of extension tomorrow Trying to pour cold water on the earlier sources story. Brent trades at 63.46 from the 63.21...
by Ryan Littlestone | November 28th, 2017, 16:32:27 | News
Reuters with a sources story Also suggest an option to review in June That’s put a minor pin in expectations as Brent has dropped around 40 ticks to 63.21
