Friday , 20 September 2024
Home Forex Crude Oil sinks over 1% with OPEC report turning blind on reality
Forex

Crude Oil sinks over 1% with OPEC report turning blind on reality

Crude Oil is flirting with a break below $67.00 after the fresh OPEC report for September came out. Several eyebrows must have been risen by leading commodity experts and analysts after reading that OPEC sticks to its steady broad Oil demand outlook.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Bank of Japan expected to stand pat, delaying further rate hikes towards year-end

The Bank of Japan (BoJ) is expected to keep its short-term interest...

AUD/USD strengthens above 0.6800 on RBA-Fed policy divergence, eyes on PBoC rate decision

The AUD/USD pair trades on a stronger note near 0.6810 during the...

PBOC is expected to set the USD/CNY reference rate at 7.0637 – Reuters estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT.The...

ICYMI – China’s state planner promises more stimulus (describes as ‘incremental’)

The National Development and Reform Commission of the People's Republic of China...