- OPEC+ unlikely to change its oil output policy on August 4
Notícias do Mercado
2 agosto 2023
OPEC+ unlikely to change its oil output policy on August 4
Citing six OPEC and its allies (OPEC+) sources, Reuters reported on Wednesday, the alliance is expected to make no changes to its current oil output policy when they meet on Friday, August 4.
Additional takeaways
“The committee would probably not make any changes to existing policy during Friday's online meeting.”
“Rising oil price is a reason to take no action.”
Market reaction
Despite the above report, WTI is keeping its recovery mode intact toward the $82 mark. The US oil is down 0.22% on the day.
O foco de mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerAbrir Conta Demo e Página Pessoal