OPEC+ lowers 2022 market surplus forecast to 1 million bps – Reuters

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 65 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

OPEC+ lowers 2022 market surplus forecast to 1 million bps – Reuters By eren_fxstreet Oil OPEC WTI

Market reactiongained traction after this report. As of writing, the barrel of West Texas Intermediate was trading at $109.47, where it was up 1.75% on a daily basis. Similarly, the barrel of Brent was up 2% at $114.65.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

2022 bear market has been the worst on record — GlassnodeCongratulations, hodlers - you are in the worst bear market in the history of Bitcoin. Glassnode has shown several key indicators proving that 2022 will go down as the worst to date for Bitcoin traders, most of whom are now underwater. Could be Luna or ICP. That’s why it’s important to DCA. FEARporm This is the end of Blockchain technology So?!… what you gone do about it?
Source: Cointelegraph - 🏆 562. / 51 Read more »