🌍 🇱🇾 #Libya: Leading Africa in crude #oil production, Libya's rise reflects its production efforts amidst Nigeria's infrastructure challenges and vandalism issues bit.ly/3U2YnCQ#OPEC
Oil - Weekly Analysis
This report focuses on technical and candle analysis of oil on multiple time frames and projects the short and long term targets using Elliott Wave and other techniques.
#oil $oil $brent $WTI #WTI#crude#BRENT $USOIL #OPEC
"Current oil prices do not reflect the extent of the escalation risk.
"De-escalation of tensions in the region is unlikely in addition to the potential for Israel-Iran clashes to widen."
--Helima Croft, RBC
#energy#OOTT#oilandgas#WTI#CrudeOil#fintwit#OPEC#Commodities…
That is exactly what we wrote in our Daily Energy Report (DER) 4 days ago. It is a game played by some OPEC+ members. As we stated in the DER, the Iraqi decision assumes OPEC+ will INCREASE production in the second half of 2024! #Iraq#OPEC#Oil
Link: afalhajji.substack.com/p/daily-energy…
That is exactly what we wrote in our Daily Energy Report (DER) 4 days ago. It is a game played by some OPEC+ members. As we stated in the DER, the Iraqi decision assumes OPEC+ will INCREASE production in the second half of 2024! #Iraq#OPEC#Oil
Link: afalhajji.substack.com/p/daily-energy… https://t.co/UCU6XcUj08
8:45amET #WTI#OIL trading analytics forecast
within ----> $0.01 of Low of Day print: $83.35, that occurred at 10:51am!
Max run⬆️off LoD to $84.12 at 12:15pm. 5pmClose $83.66
$CL_F #CL_F $USO #FinTwit $UCO $XOM $VLO $CVX #OOTT $ES_F #SPX $SPY #BRENT#OPEC#CrudeOIL#TradingTips
In the 1970s, "geopolitical disagreement prompted the #OPEC coalition to restrict crude exports to the US, and energy prices rocketed in response."
We are currently just days away from an #Israel invasion of #Rafah which would cause the same.
#Stagflation#1970s#70s#Inflation
In the 1970s, "geopolitical disagreement prompted the #OPEC coalition to restrict crude exports to the US, and energy prices rocketed in response."
We are currently just days away from an #Israel invasion of #Rafah which would cause the same.
#Stagflation#1970s#70s#Inflation
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