The OPEC intentional production cut, problems in Venezuela and issues concerning Iran have pushed the oil prices higher. However, the US may be ready to launch the counter trend with its NOPEC bill which should put significant downward pressure on the oil prices.
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12 Mar 2019 15:51
Brexit still in the limelight (Afternoon audio analysis 12.03.2019)
The OPEC intentional production cut, problems in Venezuela and issues concerning Iran have pushed the oil prices higher. However, the US may be ready to launch the counter trend with its NOPEC bill which should put significant downward pressure on the oil prices.
Marcin Lipka, Cinkciarz senior analyst
See also:
Brexit still in the limelight (Afternoon audio analysis 12.03.2019)
Uncertain politics in the UK (Afternoon audio analysis 11.03.2019)
Weekly summary (Afternoon audio analysis 8.03.2019)
Fundamental changes to the euro (Afternoon audio analysis 7.03.2019)
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