Forecasts & Analysis | WTI Crude Oil

OPEC+ producers agreed to 2 million bpd of voluntary production cuts.

Crude oil markets rose during the trading session on Thursday as OPEC had its meeting.

Natural gas’s subtle gain mirrors market caution, with eyes on pivotal resistance levels and evolving energy demand narratives.

OPEC+ meeting’s outcome is pivotal, with potential for significant supply adjustments affecting global crude oil markets.

According to recent reports, OPEC+ is discussing additional oil production cuts.

Crude oil markets rallied a bit during the trading session on Wednesday, as we continue to see upward pressure from extreme lows.

It’s official: Google searches for the phrase “How To Trade Gold” are now back at the highest level seen in over a year!

UK Oil’s steadfast performance above key pivot points reinforces a bullish market sentiment, with eyes on resistance challenges.

Oil traders also focus on U.S. dollar’s pullback, which is bullish for commodity markets.

Crude oil markets have done very little during the trading session on Tuesday, as we continue to wait for OPEC to make a decision on its next supply choice.