Thursday , 7 November 2024
Home Forex JP Morgan is looking for OPEC+ to extend its output cuts into H2 of this year
Forex

JP Morgan is looking for OPEC+ to extend its output cuts into H2 of this year

More:

  • Keep their oil price forecast unchanged (high $80s/90 through may,
    $85 thereafter)
  • Maintain bullish
    risk bias around base-line oil price view but flag that it might
    shift back to neutral were the US-Saudi security deal to succeed

Oil has been dribbling lower:

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

FX option expiries for 7 November 10am New York cut

There are a couple to take note of, as highlighted in bold.They...

Dollar gains cool off for the time being

The greenback is seeing some light retracements across the board today, though...

Gold price remains tepid despite a steady US Dollar ahead of Fed decision

Gold price (XAU/USD) extends its losses for the second successive session on...

PBOC governor Pan says will continue to implement supportive monetary policy

Will strengthen communication with marketsTo steadily promote opening up of China's financial...