Is OPEC+ Cutting Enough to Move Markets

Alan Apthorp
Daily Market News & InsightsDaily Market News & Insights

Yesterday, WTI crude started the day up about a dollar after the news of the historic cuts by OPEC+.  Skepticism of the deal began to sway the market and the weight of crude demand destruction finally overshadowed the supply cuts as the market closed the day slightly lower.  Prices continue lower this morning even as […]

“Historic” OPEC+ Cuts Fall Flat

Alan Apthorp

After significant bickering and drama last week, the OPEC+ group agreed on a historic production deal, cutting world output by 9.7 million barrels per day. But following a long holiday weekend, markets don’t seem too enthusiastic about the deal. Who Made the Cuts? As a reference, the OPEC+ group contains 10 members of OPEC as […]

Market Condition Report - Disclaimer
The information contained herein is derived from sources believed to be reliable; however, this information is not guaranteed as to its accuracy or completeness. Furthermore, no responsibility is assumed for use of this material and no express or implied warranties or guarantees are made. This material and any view or comment expressed herein are provided for informational purposes only and should not be construed in any way as an inducement or recommendation to buy or sell products, commodity futures or options contracts.

Sign up for FUELSNews for daily market information and insights
Sign Me Up
Give Us a Call Today

We are happy to discuss your business challenges over the phone and answer any questions.

800.695.6626

Send Us an Email

Ask your toughest questions. We'll get back to you with the best answer humanly possible.

Send Email

Find a Mansfield Location

Need to contact a specfic office? View contact information for offices across the country.

View Locations

Get a Quote Today

Let us know what type of fuel or service you need and a team member will get a quote to you quickly.

Get a Quote