Tag Archives: Oil Markets

Can OPEC Strike A Deal On Cutting Production Tomorrow?

OPEC is set to convene its twice-a-year meeting in Vienna, and a growing number of the group’s members are clamoring for production cuts in order to boost oil prices. The problem is a collective one. Sure, everyone agrees production should … Continue reading

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Why Did Oil Prices Just Jump By 27 Percent In 3 Days?

Oil prices have posted their strongest rally in years, jumping an astounding 27 percent in the last three trading days of August. While much of the recent price movement defies reason and is enormously magnified by speculative movements by traders … Continue reading

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