OPEC proposed increase of 400,000 BPD – Three OPEC+ Sources

Trading Cocktail January 3, 2022 News Leave a comment 620 Views

The proposed 400,000 BPD increase will be implemented in February. – Three OPEC+ Sources. WTI heading south and teasing around $75 as the reaction to the news.

Attachments

wit opec (102 kB)
wti opec (91 kB)

See also Oil vs Inverse of OECD Inventories | Interesting Chart

Tags opec WTI

About Trading Cocktail

The team consists of Marco, Fundamental, and Technical Analyst.

0 0 votes

Article Rating

0 Comments

Inline Feedbacks

View all comments

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions.