Kuwait’s Oil Minister: OPEC+ could reconsider output increase

The oil production hike agreed last month by the OPEC and its allies (OPEC+) could be reconsidered when the alliance meets on September 1 this week, Mohammad Abdulatif al-Fares told Reuters on the side-lines of a government-sponsored event in Kuwait City.

 

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AUD/NZD head towards daily / hourly channel resistances 1.4060s

AUD/NZD is in an overall bearish longer-term trend for 2021 but it has reached a weekly swing low and support 1.0416. The following illustrates the li
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WTI Price Analysis: Eases from 16-day top above $68.00 but bulls stay hopeful

WTI takes offers around an intraday low of $68.35, down 0.08% on a day around $68.50 amid Monday’s Asian session. The black gold earlier rallied to th
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