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Tag Archives: OPEC+

Focus on WTI OIL today – 6th SEP 2024 

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the WTI OIL for SEP 6, 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  (Crude Oil Daily Price Chart, Source: Ultima Markets MT4)  H1 Chart Insights  (Crude Oil H1 Price Chart, Source: Ultima Markets MT4)  Pivot Indicator  (Crude Oil M30 Price Chart, Source: […]

Crude Oil Drops on Expectations of Higher OPEC+ Output 

On Friday, crude oil prices declined by 3.11%, closing at $73.60. The downturn extended to Monday as investors weighed the likelihood of increased OPEC+ production starting in October against a steep decline in Libyan output, amid sluggish demand in China and the U.S., the world’s two largest oil consumers.  (Crude Oil Daily Price Chart, Source: […]

Focus on BRENT OIL Today – 6th December 2023 

Comprehensive Brent Oil Analysis for December 6, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BRENT OIL for 6th December 2023.  Brent Oil Key Takeaways Brent Oil Technical Analysis  Brent Oil Daily Chart Insights Brent Oil 1-hour Chart Analysis Ultima Markets MT4 Pivot Indicator Conclusion