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WTI: OPEC+ and inventories send US oil on a rollercoaster ride
Oil prices are on the verge of breaking below strong previous support at the 93.00 level...

WTI lower, but it has little to do with the upcoming OPEC+ meeting
With negative manufacturing data beginning in China and continuing throughout the US session, WTI Crude Oil has been trading lower, down nearly 5% on Monday.

Two trades to watch: GBP/USD, Oil
GBP/USD rises as USD eases ahead of PCE inflation. Oil steadies ahead of OPEC+ announcement.

OPEC preview: Will OPEC+ increase output in August?
When OPEC+ meets later this week, it is unlikely to increase output more than the expected 648,000 bpd.

OPEC + hikes output more than expected
The rumors are still making the rounds that OPEC+ may suspend Russia and that Saudi Arabia may increase production as price continues to soar.

Oil slips on the last day of (another good) month ahead of OPEC
Whilst oil prices rallied for six consecutive months for the first time in 11-years, its last day of the month was a bit of a let-down for the bull camp.

Asian Open: Keep an eye on AUD/JPY with sentiment on the back ropes
It was a volatile session for investors overnight which saw US indices trade sharply lower, with AUD/JPY showing the potential for a swing high.

OPEC+ set for existing deal despite China, overcompliance concerns
The OPEC and its allies (OPEC+) are continuing to slowly relax the output cuts they introduced in 2020

Don't expect OPEC+ to come to oil's rescue
OPEC+ are unlikely to raise output above the current small increase when they meet on Thursday, despite oil prices trading firmly above $100 per barrel.

A complete guide to the Organization of the Petroleum Exporting Countries (OPEC)
Meetings and policy changes from OPEC are key drivers of oil prices, so it’s important to understand how the organisation works and how it can impact your positions on oil markets. Find out everything you need to know about OPEC in our one-page guide.

Two trades to watch: Oil, EUR/USD
Oil surges as sanctions hit, OPEC in focus. EURUSD extends decline ahead of EZ inflation, Fed Powell testimony.

Oil rises on Russia sanctions, OPEC+ meeting comes into focus
Oil prices rise on supply disruption fears as Russian banks are excluded from SWIFT. OPEC+ meet on Wednesday, will they upwardly revise production targets to ease a very tight market?

Geopolitical tensions, tight supply, strong demand drive oil higher
Oil prices have rallied 20% so far this year. Here we look at what's behind the latest moves in oil as it looks towards $100 per barrel.

Oil dips below $90 as Russia turns down the heat. What’s next?
If Russian/Ukraine tensions escalate, or if OPEC+ can’t keep up with their quotas, price may increase once again.

OPEC Preview: Is Oil on its way to $100 even with a 400,000bpd increase?
With geopolitical tensions building in Russia, even an “as expected” result may not be able to keep oil prices from continuing to rise.

Crude oil shrugs off dollar strength, extends rally to new 7-year highs
US crude oil has broken out to its highest level in over seven years above last week’s high near $88.00 and looking at the chart, there’s little in the way of meaningful resistance until above $90.00...
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OPEC+ hiking output as planned, but it may not be for long: WTI, USD/NOK
If the Omicron variant turns out to be worse than currently expected, WTI could be back at Thursday’s lows very soon!

Oil rebounds, expect a cautious stance from OPEC+
Oil rebounds after Friday's selloff looks overdone. OPEC+ meeting on Wednesday & Thursday could see the oil cartel adopt a cautious approach.

Asian Open: Pound Sinks Post-BOE, AUD/CHF Falls to 4-week Low
The Bank of England (BOE) became the second central bank to catch out hawkish bets this week, behind the RBA – and both events continue to weigh on their respective currencies.

OPEC+: No more oil for you!
Members agreed to keep the current oil output at an increase of 400,000 bpd for December, despite a call by some countries for more supply

Two trades to watch: GBP/USD, FTSE
Will the BoE hike interest rates? GBPUSD falls post Fed & ahead of BoE. FTSE looks to BoE & OPEC+

Oil Slips Ahead of OPEC+ Meeting
Oil prices fell to a 4-week low overnight, during their most bearish session in 3-months.

OPEC+ meeting: Additional supply increase unlikely
OPEC+ are due to meet on Thursday. An additional supply increase appears unlikely even though oil prices trade around multi-year highs.