OPEC+ Expected to Increase Oil Supply, Brent Oil Forecasted to Reach $85 per Barrel by Year End Recent announcements from OPEC+ indicate a potential increase in oil supply in the
Leading the way in financial news, TDS Senior Commodity Strategist Daniel Ghali reveals a significant trend in the crude oil markets. According to Ghali, CTAs (Commodity Trading Advisors) are set
As the world's leading investment manager, I have carefully considered the recent weak demand data from China and its impact on the oil market. Based on this information, I have
Oil prices surged in early trading today, with the ICE Brent front-month contract surpassing $81/bbl after the American Petroleum Institute (API) reported a significant decline in oil inventories. If confirmed
The Brent oil price experienced a significant increase of more than 3% to reach $82.4 per barrel at the beginning of the week, marking the strongest daily gain of the
The OPEC+ alliance is moving forward with its plan to increase oil production starting in October, despite concerns about lower-than-expected demand from China in the second half of 2024. These
Crude Oil Prices Experience Volatility Due to Supply Side Concerns As the world's leading investment manager, I have been closely monitoring the trends in crude oil prices. After reaching a
Throughout the week, oil prices have been on a rollercoaster ride, reacting to a mix of geopolitical tensions and demand worries. The week started with prices tumbling as concerns about
According to TDS commodity strategist Daniel Ghali, energy markets are currently not factoring in a significant rise in supply risk premia. Analysis of Energy Supply Risk Premia Ghali's analysis of
Over the weekend, hopes of a ceasefire in the Gaza war were shattered by a rocket attack on the Israeli-occupied Golan Heights, allegedly carried out by the Shiite Hezbollah militia.