OPEC+ Will Raise Its Output Target from February
05.01.2022
OPEC+ have decided to increase their production target by 400,000 barrels per day starting next month. Given the pressure from the United States to increase supply and the absence of
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Libya Tightens Oil Supplies, Causing Oil Prices to Go Up
03.01.2022
As Libya tightened supplies before the OPEC+ meeting, Monday, oil prices rose in early Asian trading. Meanwhile, COVID-19 continues to spread, and concerns about declining fuel demand have also limited the growth
Gold Drops but Market’s Intraday Rebound Pushes Above $1,800
31.12.2021
Gold futures closed lower on Wednesday, but the precious metals closed above the psychological price level. The last decline was even greater, dragging it below $1,800, which has been difficult
Oil Prices Rise While Inventories Tend to Drop
30.12.2021
The U.S. crude oil and fuel inventories fell last week, while on Thursday, oil prices continued to rise in early Asian trading. This alleviates investors’ concerns about the increasing number
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