Post Profile

Capping Oil Prices…at Highest Production Levels in History!

The high-frequency algos went wild blasting millions of buy orders at risk markets yesterday afternoon on headlines that OPEC members might agree in November to hold-production near recent all time highs.
read more


Related Posts

'OPEC Has A Record Of Cheating': Oil Rally Skids As Reality Takes Hold

Business & Finance : Forbes: Business

Oil markets fell on Thursday after spiking nearly 6% the day before on OPEC news that it would agree to trim production at its meeting in November. Some analysts question whether the cartel will even make good on its pledge, while t...

Afternoon Coffee: Oil Prices Reach 2016 High, Import Prices Rise for First Time in 9 Months

Business & Finance : Spend Matters

Categories: Afternoon Coffee Tags: General News Brent oil prices hit $44 a barrel today, the highest price of 2016 so far. The increase in price came after Saudi Arabia and Russia said they would agree to an oil production freeze ev...

A Strange "Production Cut" - OPEC Oil Output Hits Record High As Rosneft Says "No" To Production Cap

Business & Finance : Zero Hedge

Something odd happened on the way to the recently "agreed upon" OPEC production cut: instead of cutting production, OPEC countries have seen their oil output surge, and according to an IEA reported released today, the oil producing ...

OPEC's oil production spiked to a 3-year high in November (USO, WTI, OIL, VDE, BNO)

Business & Finance : Business Insider: Clusterstock

OPEC is relentless. The 12-member oil cartel said on Thursday in its monthly oil market report that it pumped about 32 million barrels of oil per day in November, the highest in three years, surpassing the record it hit just a few m...

OPEC Oil Production Jumped To A 4-Year High

Business & Finance : Business Insider: Money Game

OPEC, the Organization of the Petroleum Exporting Countries, is out with its June Monthly Oil Market Report. In April, OPEC was pumping 32.964 million barrels per day, up 631k from the March. This is the highest production level sin...


Copyright © 2016 Regator, LLC