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Crude Oil Forecast: OPEC+ May Shelve Output Increases as Covid Dents Demand

CRUDE OIL, OPEC, COVID, EIA, API – TALKING POINTS Crude and Brent oil dropped in August as Covid fueled demand fears OPEC+ decision may see cartel reign in supply to support prices Technical outlook is slightly bullish after retaking key trendline Crude and Brent oil benchmarks are slightly higher as September trading kicks off following the first monthly price drop since March. Oil prices started dropping in early August on global demand fears as the Delta Covid v

MongiIG

MongiIG in Market News

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