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      27 Nov 2023

      Brent Crude Oil to retrace back to the yearly lows during Q4 2023 and Q1 2024 – Rabobank

      Economists at Rabobank analyze Oil’s outlook ahead oft the decision by OPEC+ on production quotas on Thursday.

      Crude prices could find renewed support if an agreement between OPEC+ members is reached

      If an agreement between OPEC+ members is reached, crude prices could find renewed support. Until then the market should brace for more volatility as uncertainty over the discussion around continuing versus deepening production cuts. 

      We continue to forecast weakness for Brent down to $72 and retrace back to the yearly lows during Q4 2023 and Q1 2024 while fundamentals will strengthen the market in the latter half of 2024.

       

      Nov 27, 2023

      EUR/USD: It is marginally relevant for the Euro whether ECB interest rates rise or fall – Commerzbank

      Ulrich Leuchtmann, Head of FX and Commodity Research at Commerzbank, analyzes how recent comments from ECB officials could impact the Euro.
      了解更多 Previous
      Nov 27, 2023

      Oil sinks as markets taunt OPEC+ for bold measures

      Oil prices are looking very bleak as it trades for a fourth straight day at a loss. Markets are selling Crude futures based on the current split within OPEC+ about what to do next, and the base
      了解更多 Next