opec Archives

Giles Coghlan
Trading Ideas

OPEC+ and Oil’s Seasonals: What you need to know!

The reason is that the meeting also includes news that production will be gradually increased from Oct 2024 (depending on market conditions). So, the two way news is mirrored by the two way seasonal pattern for oil.

June 4, 2024
opec

Giles Coghlan
Trading Ideas

How Will The OPEC+ Meeting Impact Oil?

Oil markets have been pushed and pulled around in recent days and weeks on the worries about supply with the Israel Hamas conflict and most recently on concerns regarding the collaboration of production levels within the OPEC+ group. The latest concern is Nigeria and Angola, having to accept a new baseline that reflects their actual production capabilities.

November 24, 2023
oil opec