WTI OIL WTI oil dropped over $1 on Tuesday, slipping from nearly two-week high ($62.23) posted in early Asian trading. Re-opening of Suez Canal after almost a week of closure which threatened to seriously hit global trading, eased tension and push oil prices lower. Traders turn their focus to an OPE

Highlights: Upcoming OPEC meeting overshadowed by the surge in volatility in the oil market After an excellent run, oil was pricing in a global demand recovery that appears to be well underway but still faces risks In numbers: The up/down oil rollercoaster days of late March The upcoming OPEC meetin

LONDON (Reuters) - By deciding to leave production unchanged for another month at its meeting on Thursday, OPEC+ risks causing the oil market to overheat and creating conditions for more instability in future. The expanded group of oil exporters defied expectations of a majority of analysts and trad

Head of Market Analysis Anthony Cheung delivers a look ahead for the session. In the spotlight is the latest OPEC+ meeting, the upcoming speech from Fed Chair Jerome Powell and key technical levels under observation as US yields remain in focus.

Oil The OPEC+ cartel will make the most important decision in terms of oil supply today. So far, the narrative is that all players agree that we have tenacious recovery in the global economy, and a lot of this is chiefly due to the coronavirus vaccination process. The economic recovery will continue

Join ACY Securities Chief Market Analyst Alistair Schultz as he shares his insights on global markets. In this video, he'll be looking at the upcoming OPEC+ Meeting in detail and what to expect for oil going forward.