The WTI crude oil price is down 1.4% today (Friday) after a report from Reuters indicated production from OPEC continues to grow.
The monthly survey indicated that OPEC production hit 32 million barrels per day (bpd) in July. That was up 140,000 bpd from June.
The WTI crude oil price is down 1.4% today (Friday) after a report from Reuters indicated production from OPEC continues to grow.
The monthly survey indicated that OPEC production hit 32 million barrels per day (bpd) in July. That was up 140,000 bpd from June.
Here's where prices are headed now...
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Anomalies in the oil sector tend to hit the London oil market first. And thank goodness we've got a firsthand read on it.
There are two forces at play in the market today - forces that will affect your oil and energy investments, no doubt about it.
Here's what's going on and what it all means...
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WTI futures tanked last week, with the oil benchmark hovering around $45.50 for April delivery on Friday. But Kent Moors has identified important profit opportunities amidst the carnage - and will share them with you.
Kent has now filed three field reports...
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