September 6 2022 đź•“ 2 min
OPEC+ unexpectedly cut oil’s output
OPEC+ reversed course and lowered supply by 100 000 barrels a day for the next month. Crude attacked $90 level.
Tag: iran nuclear deal
August 22 2022 đź•“ 2 min
Crude oil is down 30.56% from June’s top
Crude has declined more than 30% in two months. Iran's nuclear deal seems to be very close to an agreement.
March 12 2022 đź•“ 3 min
Crude oil in the era of extremely high volatility
Over the past 5 days we saw more important statements for crude oil being published than over the period of last year. And consequences are apparent in the price development.
February 22 2022 đź•“ 3 min
WTI is uncertain – waiting for the next move
For the past few weeks, we could see rising tensions at Ukraine-Russia border. Markets are nervous. Volatility is higher than usual. While it seems like there is no winner at this point, the markets are showing otherwise.