Long
XTI/USD
XTI/USD
The Cartel will likely stick to the production plan that was announced at the previous meeting − a total increase in production by 648 thousand b/d. We are waiting for the results of Biden's visit to Saudi Arabia, which will resolve several geopolitical issues. So a calm OPEC+ meeting is expected, although unpleasant surprises, as at the last summit, are not ruled out. The technical levels are not changing yet, but the balance of volumes is gradually shifting towards purchases.
The Cartel will likely stick to the production plan that was announced at the previous meeting − a total increase in production by 648 thousand b/d. We are waiting for the results of Biden's visit to Saudi Arabia, which will resolve several geopolitical issues. So a calm OPEC+ meeting is expected, although unpleasant surprises, as at the last summit, are not ruled out. The technical levels are not changing yet, but the balance of volumes is gradually shifting towards purchases.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.