OPEC, hedge funds and the Sistine Chapel

The most important Events in the Market Today: Oil is extending rally as investors wait for OPEC meeting on Thursday Global stocks mostly higher as markets recover poise Dollar creeps up off 6-month lows British pound slides as U.K. threatens to quit Brexit talks Bitcoin tops $2,100 for the first time! For further info on [...]

By | 2017-05-22T11:14:36+00:00 May 22nd, 2017|Oil Market|0 Comments

OPEC and non-OPEC dedicated to restoring OIL market stability

  Bringing global inventories down   Mohammad Barkindo, OPEC secretary-general, saying that all OPEC and non-OPEC oil producers are taking part in a bringing the global stability to the Oil market. Speaking in the UAE, he said agreement data in March is showing better conformity by the oil producers than in February. “OPEC and non-OPEC [...]

By | 2017-04-19T11:44:31+00:00 April 19th, 2017|Governments, Oil Market|0 Comments