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Market Balance

All articles tagged with #market balance

business2 months ago•1 min saved

OPEC+ Supply Decision in Focus Ahead of December

Oil markets remain cautious as Russian exports continue despite sanctions, US inventories show a temporary draw, and global supply outpaces demand, prompting OPEC+ to consider a modest December output increase to regain market share amid oversupply concerns.

via FXEmpire|

#business #market-balance #oil

business7 months ago•4 min saved

Oil Prices Drop Again as OPEC+ Considers Increasing Output

OPEC+ nations are gradually unwinding production cuts, adding modestly to output, while global oil markets remain broadly balanced despite bearish sentiment, inventory builds, and reduced drilling activity in the US, particularly in the Permian Basin, which Goldman Sachs suggests could support higher oil prices.

via Crude Oil Prices Today | OilPrice.com|

#business #inventory-levels #market-balance