OPEC Meets Thursday. What It Means for Oil Prices.

Barrons2021-06-30

With the Organization of the Petroleum Exporting Countries set to meet Thursday, many expect an increase in oil supply to be on the docket. That could make crude prices, which have stalled recently, ...

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Comments

Wengho
2021-07-01
Wengho
Pls like my post
AMCer
2021-07-01
AMCer
Hope in aids in triggering the market to ???
Dawang
2021-06-30
Dawang
Come, black gold!
Walnutdoge
2021-06-30
Walnutdoge
??
- Walnutdoge:
  K
- Dogecake:
  K
- Walnutdoge:
  K
- Walnutdoge:
  Ok
- Dogecake:
  K
你在说
2021-06-30
你在说
???????? pls boost those shares prices!
Kencana
2021-06-30
Kencana
Good

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What It Means for Oil Prices.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 20:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/opec-meeting-oil-prices-51625002444?mod=hp_LEAD_4><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With the Organization of the Petroleum Exporting Countries set to meet Thursday, many expect an increase in oil supply to be on the docket. That could make crude prices, which have stalled recently, ...</p>\n\n<a href=\"https://www.barrons.com/articles/opec-meeting-oil-prices-51625002444?mod=hp_LEAD_4\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FT_SY_CL","symbol_name":"WTI原油","start_time":0,"source_url":"https://www.barrons.com/articles/opec-meeting-oil-prices-51625002444?mod=hp_LEAD_4","article_id":"1148787821","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1148787821","pubTimestamp":1625056573,"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"With the Organization of the Petroleum Exporting Countries set to meet Thursday, many expect an incr","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"石油输出国组织周四开会。对油价意味着什么。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BZmain":0.9,"CLmain":0.9},"content_text":"With the Organization of the Petroleum Exporting Countries set to meet Thursday, many expect an increase in oil supply to be on the docket. That could make crude prices, which have stalled recently, drop.\nOil has had a fantastic 2021. WTI Crude, the U.S. benchmark, has gained 50% this year after rising 0.1% to $72.98 on Tuesday, while the Energy Select Sector SPDR ETF (XLE) has returned 44% including reinvested dividends.\nNow OPEC is set to meet—and some see an increase in the supply of oil as the most likely outcome. The cartel is considering boosting production by 500,000 barrels a day, according to a Wall Street Journal report, while analysts at RBC Capital Markets expect OPEC to boost output by between 500,000 and 1 million barrels a day beginning in August.\nLast year, OPEC was cutting production, as oil demand plummeted in the face of the pandemic. OPEC was producing almost 10 million barrels a day in May 2020, though that number fell to 6 million by the end of the year. Now,demand for oil is snapping back quickly, as the economy rebounds, which has been driven by economic stimulus and reopenings. 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???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151659788","repostId":1148787821,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":151125150,"gmtCreate":1625068512870,"gmtModify":1703735470721,"author":{"id":"3579482809178950","authorId":"3579482809178950","name":"Dawang","avatar":"https://static.tigerbbs.com/d0f01f2346125f600328ffd48beb3a4c","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3579482809178950","idStr":"3579482809178950"},"htmlText":"Come, black gold!","listText":"Come, black gold!","text":"Come, black 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pls boost those shares prices!","listText":"???????? pls boost those shares prices!","text":"???????? pls boost those shares 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