Tag - oil

OPEC+ meeting on June 6
OPEC+ meeting on June 6

Investors await the OPEC+ decision on output cuts. It will define where the oil price will go.

May 26: S&P 500 passed 3000
May 26: S&P 500 passed 3000

The market sentiment is risk on today. It’s based on recovery dynamics and potential drug developments. Nevertheless, tensions between the USA and China remain in focus.

2020: the new forecasts
2020: the new forecasts

The coronavirus has changed everything. When analysts gave forecasts for 2020 at the end of last year, no one could foresee that the whole world would be seized by the pandemic.

May 18: WTI oil is above $30
May 18: WTI oil is above $30

The week started with a poor data from Japan. Stocks rally, WTI oil price is above $30, gold is headed to 1800.

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