Oil Price Fundamental Weekly Forecast – Clash Between U.S., OPEC Production Likely to Continue
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures were underpinned most of the week before making a quick about face and settling lower for the week. There was a tug-of-war between bullish U.S. production and bearish OPEC fundamentals throughout the week. This led to a sideways-to-higher trade until Thursday when surprise data from … Continue reading Oil Price Fundamental Weekly Forecast – Clash Between U.S., OPEC Production Likely to Continue
