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OPEC+ is set to meet on September 1 to decide whether to add 400,000 barrels per day in October, as part of a plan to restore 2 million bpd by year end. Kuwait's oil minister said the group could revise its output lower if needed.
Oil prices had risen more than 10% the previous week amid expected US output losses from Hurricane Ida.
The OPEC+ decision sets how much supply returns to the market, which will influence whether recent gains hold. Any output restraint would support energy prices and the cost of fuel and freight for feed.
thenationalnews.comJennifer Gnana31 Agu 2021Setelah 187 peristiwa kebijakan netral sebelumnya, Minyak Mentah (WTI) bergerak median -0,1% selama 5 sesi (49% lebih tinggi; separuh tengah -4,0% sampai +3,5%), dan +0,1% selama 20 sesi.
Setelah 175 peristiwa kebijakan netral sebelumnya, Minyak Mentah (Brent) bergerak median -0,9% selama 5 sesi (45% lebih tinggi; separuh tengah -3,6% sampai +3,0%), dan +0,7% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
