#Crude oil #Saudi Arabia announces further oil cut of 1 million barrels per day. Following a meeting of #OPEC + major oil producers on Sunday, Saudi Arabia's #energy minister said his country would slash oil output further by one million barrels per day in a bid to prop up prices
🇧🇷 #Brazil recorded a record trade surplus of $11.4 billion in May. Exports increased by 11.6% due to higher volumes, particularly in soybeans, crude #oil , and sugar. Imports fell by 12.1%. The positive #trade balance for January to May rose by 39.1% compared to last year.
Despite several arguments supporting prices, recent news has failed to lift prices significantly off the lows, #natgas was again pressed lower together with #crudeoil which gave up all the gains since the surprise Saudi cut. My next target is 2.29 then 2.34. $ung $boil $kold
#crudeoil 71.30 desteği gün içinde önemli.Bu seviyeyi kırabilirse satış baskısı artabilir. 70.40 ve 69.10 seviyelerinin bekleyebiliriz.Yukarıda ise 72.70 ve 73.90 seviyeleri kademeli satışlar için uygun yerler olarak görüyoruz Destek: 71.30–70.40–69.10 Direnç: 72.70-73.90–75.00
#WTI HAM Petrol haftaya hızlı bir başlangıç yaptı. Yüksekten açılış sonrası sert bir gerileme yaşandı. Fiyat için yakın destek 70.90 bölgesidir. Bu düzey üzerinde kaldıkça 77.85 ve 79.85 bantları hedef olabilir. Destek: 70.90 Direnç: 77.85 - 79.85 #CrudeOil#DolarTL#Bitcoin
🛢Organization of Petroleum Exporting Countries ( #OPEC +) reach agreement to extend output cuts into 2024. OPEC countries to adjust level of #crude oil production to 40.46 million barrels per day.
If Europe continues to ignore Ukraine and the US Military’s destruction of the Nord Stream Pipeline and the Kakhovka Dam/Zaporizhzhia Powerplant, they will face a severe energy crisis forcing their dependence on Saudi Arabia (Israel’s top ally in the Middle East) for crude oil
