OPEC Monthly Oil Market Report October 2017

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  • Author
    Posts
  • #12487
    TradersCom
    Keymaster

    [article]269[/article]

    #12488
    ThePitBoss
    Participant

    Yesterday’s pop on crude after OPEC sec gen Barkindo gave oil traders the demand side up in his speech from New Delhi energy forum..

    #12493
    KnovaWave
    Participant

    [quote=”ThePitBoss” post=2233]Yesterday’s pop on crude after OPEC sec gen Barkindo gave oil traders the demand side up in his speech from New Delhi energy forum..[/quote]

    OPEC doing all they can to manipulate the market

    #12507
    Assistanc3
    Participant

    OPEC trying to crush shale production gave shale producers reason to produce more.

    U.S. oil logs 3rd gain in a row as OPEC lifts demand forecast

    November West Texas Intermediate crude CLX7, rose 38 cents, or 0.8%, to settle at $51.30 a barrel on the New York Mercantile Exchange. Brent crude, the global benchmark, for December delivery on ICE Futures Europe exchange climbed by 33 cents, or 0.6%, to $56.94 a barrel.

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