XTI/USD
OPEC+ maintains the same momentum: production growth will not exceed 648 thousand barrels per day, although this is not enough for a confident market balance. Force majeure in Ecuador and Libya remains a short-term speculative factor. In the medium term, interest in buying remains. Active sales are possible after a confident breakdown of the 101.50-100.00 zone.
OPEC+ maintains the same momentum: production growth will not exceed 648 thousand barrels per day, although this is not enough for a confident market balance. Force majeure in Ecuador and Libya remains a short-term speculative factor. In the medium term, interest in buying remains. Active sales are possible after a confident breakdown of the 101.50-100.00 zone.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.