Oil prices are cheerful after comments over the weekend from a few OPEC delegates and people close to the decision that was taking place. Although the cuts are welcomed in order to keep current price levels maintained, a small issue is arising with the countries that are not upholding any supply curbs, and are even jacking up their production even more. Add the already elevated supply out of the US, and it could be that OPEC will either have to ask internally to all countries to stick to their agreed quota’s or to have deeper supply cuts after Q2.
Oil bulls are clearly seeing more upside potential with, as mentioned in the article above, net speculative bullish bets soaring to the highest level since October of 2023. These speculators could well be sitting on their hands until Oil prices finally reach $85 again. with $86.90 quickly following suit before targeting $89.64 and $90.00 as top levels
면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.
더 오래된 의견은 없습니다. 소파를 가장 먼저 잡으십시오.