OPEC Meets Thursday. What It Means for Oil Prices.

63
7
Favorite

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, ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（7）

Wengho
·2021-07-01
Pls like my post
Reply
1
Report
AMCer
·2021-07-01
Hope in aids in triggering the market to ???
Reply
Like
Report
Dawang
·2021-06-30
Come, black gold!
Reply
2
Report
Walnutdoge
·2021-06-30
??
Reply
2
Report
Fold Replies
- Walnutdoge:
  K
  2021-08-09
  Reply
  Report
- Dogecake:
  K
  2021-08-09
  Reply
  Report
- Walnutdoge:
  K
  2021-08-05
  Reply
  Report
View more 2 comments
你在说
·2021-06-30
???????? pls boost those shares prices!
Reply
4
Report
Kencana
·2021-06-30
Good
Reply
1
Report
abp
·2021-06-30
Please like and comment
Reply
3
Report
Fold Replies
- Jasongcy:
  Sure, Like For me
  2021-06-30
  Reply
  Report
- Guay:
  Ok
  2021-06-30
  Reply
  Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1148787821?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-06-30 20:36","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1148787821","market":"us","top_or_hot":-1,"title":"OPEC Meets Thursday. What It Means for Oil Prices.","media":"Barrons","content":"<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","source":"lsy1601382232898","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>OPEC Meets Thursday. What It Means for Oil Prices.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOPEC Meets Thursday. 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_BZ","symbol_name":"布油现金","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,"columns":[],"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. OPEC may be in the midst of shifting its tone to increasing supply as demand comes back. “We think they will opt to continue the process of gradually adding back barrels to the market,” Croft writes. “We believe they will answer the call to put more barrels on the market.”\nMore supply could put a dent in the price of oil. While oil has had a great year, it’s recently gotten stuck just below its 52-week high of $74.05, reached on June 25. For over a week, the price has been hovering around $73. “We are seeing some profit taking in oil so far this week,” writes Tom Essaye, founder of Sevens Report Research.\nThe question is how much profit taking there will be after the OPEC meeting.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":151258041,"gmtCreate":1625096020683,"gmtModify":1703735907069,"author":{"id":"3586915753992855","authorId":"3586915753992855","name":"Wengho","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3586915753992855","idStr":"3586915753992855"},"htmlText":"Pls like my post&nbsp;","listText":"Pls like my post&nbsp;","text":"Pls like my post","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151258041","repostId":1148787821,"repostType":4,"repost":{"id":"1148787821","kind":"news","pubTimestamp":1625056573,"share":"https://ttm.financial/m/news/1148787821?lang=&edition=fundamental","pubTime":"2021-06-30 20:36","market":"fut","language":"en","title":"OPEC Meets Thursday. What It Means for Oil Prices.","url":"https://stock-news.laohu8.com/highlight/detail?id=1148787821","media":"Barrons","summary":"With the Organization of the Petroleum Exporting Countries set to meet Thursday, many expect an incr","content":"<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.&nbsp;That could make crude prices, which have stalled recently, drop.</p>\n<p>Oil 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.</p>\n<p>Now OPEC is set to meet—and some see an increase in the supply of oil as the most likely outcome. The cartel is&nbsp;considering boosting production by 500,000 barrels&nbsp;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.</p>\n<p>Last 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&nbsp;quickly, as&nbsp;the economy rebounds, which has been driven by economic stimulus and reopenings. OPEC may be in the midst of shifting its tone to increasing supply as demand comes back. “We think they will opt to continue the process of gradually adding back barrels to the market,” Croft writes.&nbsp;“We believe they will answer the call to put more barrels on the market.”</p>\n<p>More supply could put a dent in the price of oil. While oil has had a great year, it’s recently gotten stuck just below its 52-week high of $74.05, reached on June 25. For over a week, the price has been hovering around $73. “We are seeing some profit taking in oil so far this week,” writes Tom Essaye, founder of Sevens Report Research.</p>\n<p>The question is how much profit taking there will be after the OPEC meeting.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>OPEC Meets Thursday. What It Means for Oil Prices.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOPEC Meets Thursday. 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\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/opec-meeting-oil-prices-51625002444?mod=hp_LEAD_4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148787821","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. OPEC may be in the midst of shifting its tone to increasing supply as demand comes back. “We think they will opt to continue the process of gradually adding back barrels to the market,” Croft writes. “We believe they will answer the call to put more barrels on the market.”\nMore supply could put a dent in the price of oil. While oil has had a great year, it’s recently gotten stuck just below its 52-week high of $74.05, reached on June 25. For over a week, the price has been hovering around $73. “We are seeing some profit taking in oil so far this week,” writes Tom Essaye, founder of Sevens Report Research.\nThe question is how much profit taking there will be after the OPEC meeting.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":151659788,"gmtCreate":1625090018644,"gmtModify":1703735761984,"author":{"id":"4088122607957550","authorId":"4088122607957550","name":"AMCer","avatar":"https://static.tigerbbs.com/865b02f3cef18568246e2a89ed6e15e1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4088122607957550","idStr":"4088122607957550"},"htmlText":"Hope in aids in triggering the market to ???","listText":"Hope in aids in triggering the market to ???","text":"Hope in aids in triggering the market to ???","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,"repost":{"id":"1148787821","kind":"news","pubTimestamp":1625056573,"share":"https://ttm.financial/m/news/1148787821?lang=&edition=fundamental","pubTime":"2021-06-30 20:36","market":"fut","language":"en","title":"OPEC Meets Thursday. What It Means for Oil Prices.","url":"https://stock-news.laohu8.com/highlight/detail?id=1148787821","media":"Barrons","summary":"With the Organization of the Petroleum Exporting Countries set to meet Thursday, many expect an incr","content":"<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.&nbsp;That could make crude prices, which have stalled recently, drop.</p>\n<p>Oil 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.</p>\n<p>Now OPEC is set to meet—and some see an increase in the supply of oil as the most likely outcome. The cartel is&nbsp;considering boosting production by 500,000 barrels&nbsp;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.</p>\n<p>Last 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&nbsp;quickly, as&nbsp;the economy rebounds, which has been driven by economic stimulus and reopenings. OPEC may be in the midst of shifting its tone to increasing supply as demand comes back. “We think they will opt to continue the process of gradually adding back barrels to the market,” Croft writes.&nbsp;“We believe they will answer the call to put more barrels on the market.”</p>\n<p>More supply could put a dent in the price of oil. While oil has had a great year, it’s recently gotten stuck just below its 52-week high of $74.05, reached on June 25. For over a week, the price has been hovering around $73. “We are seeing some profit taking in oil so far this week,” writes Tom Essaye, founder of Sevens Report Research.</p>\n<p>The question is how much profit taking there will be after the OPEC meeting.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>OPEC Meets Thursday. What It Means for Oil Prices.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOPEC Meets Thursday. 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\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/opec-meeting-oil-prices-51625002444?mod=hp_LEAD_4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148787821","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. OPEC may be in the midst of shifting its tone to increasing supply as demand comes back. “We think they will opt to continue the process of gradually adding back barrels to the market,” Croft writes. “We believe they will answer the call to put more barrels on the market.”\nMore supply could put a dent in the price of oil. While oil has had a great year, it’s recently gotten stuck just below its 52-week high of $74.05, reached on June 25. For over a week, the price has been hovering around $73. “We are seeing some profit taking in oil so far this week,” writes Tom Essaye, founder of Sevens Report Research.\nThe question is how much profit taking there will be after the OPEC meeting.","news_type":1},"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 gold!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151125150","repostId":1148787821,"repostType":4,"repost":{"id":"1148787821","kind":"news","pubTimestamp":1625056573,"share":"https://ttm.financial/m/news/1148787821?lang=&edition=fundamental","pubTime":"2021-06-30 20:36","market":"fut","language":"en","title":"OPEC Meets Thursday. What It Means for Oil Prices.","url":"https://stock-news.laohu8.com/highlight/detail?id=1148787821","media":"Barrons","summary":"With the Organization of the Petroleum Exporting Countries set to meet Thursday, many expect an incr","content":"<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.&nbsp;That could make crude prices, which have stalled recently, drop.</p>\n<p>Oil 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.</p>\n<p>Now OPEC is set to meet—and some see an increase in the supply of oil as the most likely outcome. The cartel is&nbsp;considering boosting production by 500,000 barrels&nbsp;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.</p>\n<p>Last 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&nbsp;quickly, as&nbsp;the economy rebounds, which has been driven by economic stimulus and reopenings. OPEC may be in the midst of shifting its tone to increasing supply as demand comes back. “We think they will opt to continue the process of gradually adding back barrels to the market,” Croft writes.&nbsp;“We believe they will answer the call to put more barrels on the market.”</p>\n<p>More supply could put a dent in the price of oil. While oil has had a great year, it’s recently gotten stuck just below its 52-week high of $74.05, reached on June 25. For over a week, the price has been hovering around $73. “We are seeing some profit taking in oil so far this week,” writes Tom Essaye, founder of Sevens Report Research.</p>\n<p>The question is how much profit taking there will be after the OPEC meeting.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>OPEC Meets Thursday. What It Means for Oil Prices.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOPEC Meets Thursday. 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\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/opec-meeting-oil-prices-51625002444?mod=hp_LEAD_4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148787821","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. OPEC may be in the midst of shifting its tone to increasing supply as demand comes back. “We think they will opt to continue the process of gradually adding back barrels to the market,” Croft writes. “We believe they will answer the call to put more barrels on the market.”\nMore supply could put a dent in the price of oil. While oil has had a great year, it’s recently gotten stuck just below its 52-week high of $74.05, reached on June 25. For over a week, the price has been hovering around $73. “We are seeing some profit taking in oil so far this week,” writes Tom Essaye, founder of Sevens Report Research.\nThe question is how much profit taking there will be after the OPEC meeting.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":151985500,"gmtCreate":1625061819500,"gmtModify":1703735156774,"author":{"id":"3581663751997329","authorId":"3581663751997329","name":"Walnutdoge","avatar":"https://static.tigerbbs.com/f0dffb9b619f95780fbd693bae0b0ae9","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3581663751997329","idStr":"3581663751997329"},"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":21,"repostSize":0,"link":"https://ttm.financial/post/151985500","repostId":1148787821,"repostType":4,"repost":{"id":"1148787821","kind":"news","pubTimestamp":1625056573,"share":"https://ttm.financial/m/news/1148787821?lang=&edition=fundamental","pubTime":"2021-06-30 20:36","market":"fut","language":"en","title":"OPEC Meets Thursday. What It Means for Oil Prices.","url":"https://stock-news.laohu8.com/highlight/detail?id=1148787821","media":"Barrons","summary":"With the Organization of the Petroleum Exporting Countries set to meet Thursday, many expect an incr","content":"<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.&nbsp;That could make crude prices, which have stalled recently, drop.</p>\n<p>Oil 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.</p>\n<p>Now OPEC is set to meet—and some see an increase in the supply of oil as the most likely outcome. The cartel is&nbsp;considering boosting production by 500,000 barrels&nbsp;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.</p>\n<p>Last 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&nbsp;quickly, as&nbsp;the economy rebounds, which has been driven by economic stimulus and reopenings. OPEC may be in the midst of shifting its tone to increasing supply as demand comes back. “We think they will opt to continue the process of gradually adding back barrels to the market,” Croft writes.&nbsp;“We believe they will answer the call to put more barrels on the market.”</p>\n<p>More supply could put a dent in the price of oil. While oil has had a great year, it’s recently gotten stuck just below its 52-week high of $74.05, reached on June 25. For over a week, the price has been hovering around $73. “We are seeing some profit taking in oil so far this week,” writes Tom Essaye, founder of Sevens Report Research.</p>\n<p>The question is how much profit taking there will be after the OPEC meeting.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>OPEC Meets Thursday. What It Means for Oil Prices.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOPEC Meets Thursday. 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\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/opec-meeting-oil-prices-51625002444?mod=hp_LEAD_4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148787821","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. OPEC may be in the midst of shifting its tone to increasing supply as demand comes back. “We think they will opt to continue the process of gradually adding back barrels to the market,” Croft writes. “We believe they will answer the call to put more barrels on the market.”\nMore supply could put a dent in the price of oil. While oil has had a great year, it’s recently gotten stuck just below its 52-week high of $74.05, reached on June 25. For over a week, the price has been hovering around $73. “We are seeing some profit taking in oil so far this week,” writes Tom Essaye, founder of Sevens Report Research.\nThe question is how much profit taking there will be after the OPEC meeting.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5470906,"gmtCreate":1628497825573,"gmtModify":1663232122043,"authorId":3581663751997329,"author":{"id":3581663751997329,"idStr":"3581663751997329","authorId":3581663751997329,"name":"Walnutdoge","avatar":"https://static.tigerbbs.com/f0dffb9b619f95780fbd693bae0b0ae9","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":151985500,"type":1,"supId":0,"prevId":0,"content":"K","text":"K","html":"K"},{"id":5470987,"gmtCreate":1628498398004,"gmtModify":1663232120930,"authorId":3581557180344145,"author":{"id":3581557180344145,"idStr":"3581557180344145","authorId":3581557180344145,"name":"Dogecake","avatar":"https://static.tigerbbs.com/d76d36c16d4030fabec7511a03e9c987","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.03.11","exceedPercentage":"93.65%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":151985500,"type":1,"supId":5086194,"prevId":0,"content":"K","text":"K","html":"K"},{"id":5436114,"gmtCreate":1628164861446,"gmtModify":1663231971953,"authorId":3581663751997329,"author":{"id":3581663751997329,"idStr":"3581663751997329","authorId":3581663751997329,"name":"Walnutdoge","avatar":"https://static.tigerbbs.com/f0dffb9b619f95780fbd693bae0b0ae9","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":151985500,"type":1,"supId":5086194,"prevId":0,"content":"K","text":"K","html":"K"},{"id":5425537,"gmtCreate":1628083059659,"gmtModify":1663231924050,"authorId":3581663751997329,"author":{"id":3581663751997329,"idStr":"3581663751997329","authorId":3581663751997329,"name":"Walnutdoge","avatar":"https://static.tigerbbs.com/f0dffb9b619f95780fbd693bae0b0ae9","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":151985500,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":5409363,"gmtCreate":1627956239810,"gmtModify":1663231852434,"authorId":3581557180344145,"author":{"id":3581557180344145,"idStr":"3581557180344145","authorId":3581557180344145,"name":"Dogecake","avatar":"https://static.tigerbbs.com/d76d36c16d4030fabec7511a03e9c987","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.03.11","exceedPercentage":"93.65%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":151985500,"type":1,"supId":5086194,"prevId":0,"content":"K","text":"K","html":"K"}],"langContent":"EN"},{"id":151935608,"gmtCreate":1625061313704,"gmtModify":1703735128355,"author":{"id":"3576413612990488","authorId":"3576413612990488","name":"你在说","avatar":"https://static.tigerbbs.com/5c04d27f54fc32a1ba5e987eec14bfc1","vip":1,"crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"3576413612990488","idStr":"3576413612990488"},"htmlText":"???????? pls boost those shares prices!","listText":"???????? pls boost those shares prices!","text":"???????? pls boost those shares prices!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151935608","repostId":1148787821,"repostType":4,"repost":{"id":"1148787821","kind":"news","pubTimestamp":1625056573,"share":"https://ttm.financial/m/news/1148787821?lang=&edition=fundamental","pubTime":"2021-06-30 20:36","market":"fut","language":"en","title":"OPEC Meets Thursday. What It Means for Oil Prices.","url":"https://stock-news.laohu8.com/highlight/detail?id=1148787821","media":"Barrons","summary":"With the Organization of the Petroleum Exporting Countries set to meet Thursday, many expect an incr","content":"<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.&nbsp;That could make crude prices, which have stalled recently, drop.</p>\n<p>Oil 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.</p>\n<p>Now OPEC is set to meet—and some see an increase in the supply of oil as the most likely outcome. The cartel is&nbsp;considering boosting production by 500,000 barrels&nbsp;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.</p>\n<p>Last 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&nbsp;quickly, as&nbsp;the economy rebounds, which has been driven by economic stimulus and reopenings. OPEC may be in the midst of shifting its tone to increasing supply as demand comes back. “We think they will opt to continue the process of gradually adding back barrels to the market,” Croft writes.&nbsp;“We believe they will answer the call to put more barrels on the market.”</p>\n<p>More supply could put a dent in the price of oil. While oil has had a great year, it’s recently gotten stuck just below its 52-week high of $74.05, reached on June 25. For over a week, the price has been hovering around $73. “We are seeing some profit taking in oil so far this week,” writes Tom Essaye, founder of Sevens Report Research.</p>\n<p>The question is how much profit taking there will be after the OPEC meeting.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>OPEC Meets Thursday. What It Means for Oil Prices.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOPEC Meets Thursday. 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\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/opec-meeting-oil-prices-51625002444?mod=hp_LEAD_4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148787821","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. OPEC may be in the midst of shifting its tone to increasing supply as demand comes back. “We think they will opt to continue the process of gradually adding back barrels to the market,” Croft writes. “We believe they will answer the call to put more barrels on the market.”\nMore supply could put a dent in the price of oil. While oil has had a great year, it’s recently gotten stuck just below its 52-week high of $74.05, reached on June 25. For over a week, the price has been hovering around $73. “We are seeing some profit taking in oil so far this week,” writes Tom Essaye, founder of Sevens Report Research.\nThe question is how much profit taking there will be after the OPEC meeting.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":151930787,"gmtCreate":1625061112849,"gmtModify":1703735118348,"author":{"id":"3580435285853971","authorId":"3580435285853971","name":"Kencana","avatar":"https://static.tigerbbs.com/d5da0f3d018441c0cf9337b491f6d15a","vip":1,"crmLevel":4,"crmLevelSwitch":1,"authorIdStr":"3580435285853971","idStr":"3580435285853971"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151930787","repostId":1148787821,"repostType":4,"repost":{"id":"1148787821","kind":"news","pubTimestamp":1625056573,"share":"https://ttm.financial/m/news/1148787821?lang=&edition=fundamental","pubTime":"2021-06-30 20:36","market":"fut","language":"en","title":"OPEC Meets Thursday. What It Means for Oil Prices.","url":"https://stock-news.laohu8.com/highlight/detail?id=1148787821","media":"Barrons","summary":"With the Organization of the Petroleum Exporting Countries set to meet Thursday, many expect an incr","content":"<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.&nbsp;That could make crude prices, which have stalled recently, drop.</p>\n<p>Oil 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.</p>\n<p>Now OPEC is set to meet—and some see an increase in the supply of oil as the most likely outcome. The cartel is&nbsp;considering boosting production by 500,000 barrels&nbsp;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.</p>\n<p>Last 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&nbsp;quickly, as&nbsp;the economy rebounds, which has been driven by economic stimulus and reopenings. OPEC may be in the midst of shifting its tone to increasing supply as demand comes back. “We think they will opt to continue the process of gradually adding back barrels to the market,” Croft writes.&nbsp;“We believe they will answer the call to put more barrels on the market.”</p>\n<p>More supply could put a dent in the price of oil. While oil has had a great year, it’s recently gotten stuck just below its 52-week high of $74.05, reached on June 25. For over a week, the price has been hovering around $73. “We are seeing some profit taking in oil so far this week,” writes Tom Essaye, founder of Sevens Report Research.</p>\n<p>The question is how much profit taking there will be after the OPEC meeting.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>OPEC Meets Thursday. What It Means for Oil Prices.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOPEC Meets Thursday. 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\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/opec-meeting-oil-prices-51625002444?mod=hp_LEAD_4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148787821","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. OPEC may be in the midst of shifting its tone to increasing supply as demand comes back. “We think they will opt to continue the process of gradually adding back barrels to the market,” Croft writes. “We believe they will answer the call to put more barrels on the market.”\nMore supply could put a dent in the price of oil. While oil has had a great year, it’s recently gotten stuck just below its 52-week high of $74.05, reached on June 25. For over a week, the price has been hovering around $73. “We are seeing some profit taking in oil so far this week,” writes Tom Essaye, founder of Sevens Report Research.\nThe question is how much profit taking there will be after the OPEC meeting.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":151019190,"gmtCreate":1625057023410,"gmtModify":1703734993488,"author":{"id":"3581979721991802","authorId":"3581979721991802","name":"abp","avatar":"https://static.tigerbbs.com/f0c0424f61209387c56148e921c507f1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581979721991802","idStr":"3581979721991802"},"htmlText":"Please like and comment","listText":"Please like and comment","text":"Please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/151019190","repostId":1148787821,"repostType":4,"repost":{"id":"1148787821","kind":"news","pubTimestamp":1625056573,"share":"https://ttm.financial/m/news/1148787821?lang=&edition=fundamental","pubTime":"2021-06-30 20:36","market":"fut","language":"en","title":"OPEC Meets Thursday. What It Means for Oil Prices.","url":"https://stock-news.laohu8.com/highlight/detail?id=1148787821","media":"Barrons","summary":"With the Organization of the Petroleum Exporting Countries set to meet Thursday, many expect an incr","content":"<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.&nbsp;That could make crude prices, which have stalled recently, drop.</p>\n<p>Oil 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.</p>\n<p>Now OPEC is set to meet—and some see an increase in the supply of oil as the most likely outcome. The cartel is&nbsp;considering boosting production by 500,000 barrels&nbsp;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.</p>\n<p>Last 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&nbsp;quickly, as&nbsp;the economy rebounds, which has been driven by economic stimulus and reopenings. OPEC may be in the midst of shifting its tone to increasing supply as demand comes back. “We think they will opt to continue the process of gradually adding back barrels to the market,” Croft writes.&nbsp;“We believe they will answer the call to put more barrels on the market.”</p>\n<p>More supply could put a dent in the price of oil. While oil has had a great year, it’s recently gotten stuck just below its 52-week high of $74.05, reached on June 25. For over a week, the price has been hovering around $73. “We are seeing some profit taking in oil so far this week,” writes Tom Essaye, founder of Sevens Report Research.</p>\n<p>The question is how much profit taking there will be after the OPEC meeting.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>OPEC Meets Thursday. What It Means for Oil Prices.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOPEC Meets Thursday. 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\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/opec-meeting-oil-prices-51625002444?mod=hp_LEAD_4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148787821","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. OPEC may be in the midst of shifting its tone to increasing supply as demand comes back. “We think they will opt to continue the process of gradually adding back barrels to the market,” Croft writes. “We believe they will answer the call to put more barrels on the market.”\nMore supply could put a dent in the price of oil. While oil has had a great year, it’s recently gotten stuck just below its 52-week high of $74.05, reached on June 25. For over a week, the price has been hovering around $73. “We are seeing some profit taking in oil so far this week,” writes Tom Essaye, founder of Sevens Report Research.\nThe question is how much profit taking there will be after the OPEC meeting.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5080793,"gmtCreate":1625058247212,"gmtModify":1663230334872,"authorId":3574808586068870,"author":{"id":3574808586068870,"idStr":"3574808586068870","authorId":3574808586068870,"name":"Jasongcy","avatar":"https://static.tigerbbs.com/9e13620cfc1ad0e6d197387c37c57939","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"80.66%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":151019190,"type":1,"supId":0,"prevId":0,"content":"Sure, Like For me","text":"Sure, Like For me","html":"Sure, Like For me"},{"id":5080781,"gmtCreate":1625058150659,"gmtModify":1663230334871,"authorId":3578180216622993,"author":{"id":3578180216622993,"idStr":"3578180216622993","authorId":3578180216622993,"name":"Guay","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":151019190,"type":1,"supId":0,"prevId":0,"content":"<u>Ok</u>","text":"<u>Ok</u>","html":"<u>Ok</u>"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":63,"commentSize":7,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}