Trade The World
Oil: A small step for OPEC – Commerzbank
Por FXStreet Insights Team
Data de Publicação: 7 Oct 2025 | Data de Modificação: 7 Oct 2025
POPULAR ARTICLES
The eight OPEC+ members that had recently voluntarily reduced their production decided over the weekend, as expected, to further scale back their production restrictions, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
The eight OPEC+ members that had recently voluntarily reduced their production decided over the weekend, as expected, to further scale back their production restrictions, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
Oil price gives up gains
"However, they opted for a smaller step, similar to the previous month, by increasing production by 'only' 137,000 barrels per day. This eased concerns that production would be expanded as significantly as in previous months."
"Between April and September, OPEC's production rose by 1.7 million barrels per day, equivalent to an average of 340,000 barrels per month according to Bloomberg. The Oil price initially climbed yesterday but soon gave up those gains. Even though the production increase was smaller than feared, it comes at a time when the supply outlook is already favorable."
FXStreet
Mais de um milhão de usuários confiam na FXStreet para dados de mercado em tempo real, ferramentas de gráficos, insights de especialistas e notícias de Forex. Seu calendário econômico abrangente e webinars educacionais ajudam os traders a se manterem informados e tomarem decisões calculadas. A FXStreet conta com uma equipe de cerca de 60 profissionais, divididos entre a sede em Barcelona e diversas regiões globais.
Read More
