OPEC Plus Calls For Urgent Sunday Meeting | Metals Mine

OPEC Plus Calls For Urgent Sunday Meeting | Metals Mine

OPEC Plus Calls For Urgent Sunday Meeting

From energyintel.com

Opec-plus oil producers have been invited to participate in an “urgent” meeting Sunday amid expectations that the alliance will announce ratification of a historic 10 million barrel per day output cut deal that had been held up by Mexican objections. The meeting was called for by the energy ministers of Saudi Arabia and Russia, and will be held via video call at 4 p.m. GMT, according to the invitation letter sent by the Opec secretariat seen by Energy Intelligence. Sources familiar with the matter tell Energy Intelligence that the meeting will confirm the mega-cut pact that was first announced Thursday but held ... (full story)

Comments / Top
Subscribe

Apr 12, 2020 10:31am

Quoting Not-KPMG

Disliked

{quote} When it goes to 5-7 dollars let's talk of MAYBE buy it. Yes I'm patient

Ignored

when there was the oil war between Russia and Saudi WTI had formed a bottom at 20$ and couldn't break it for awhile. now after ending oil war and cutting between 10 to 15mb, you expect it to break 20$ and goes under at?!!! it doesn't make any sense to me. anyway, we'd better wait and see.

3

Apr 12, 2020 9:55am

but with very low demand atm this bullish move will not hold for long until most countries back to normal demand

3

Apr 12, 2020 1:42pm

Quoting Not-KPMG

Disliked

{quote} When it goes to 5-7 dollars let's talk of MAYBE buy it. Yes I'm patient

Ignored

I was thinking $9

2

Apr 12, 2020 10:26am

Quoting sadeghi

Disliked

it's formed a bottom near 20$, believe in your chart when the bottom is formed and fluctuations are the great deal. my daily chart still shows 31$.

Ignored

When it goes to 5-7 dollars let's talk of MAYBE buy it.

Yes I'm patient

1

Apr 12, 2020 10:42am

Quoting Not-KPMG

Disliked

{quote} Yes. It has happened before (though the 97% of the naive crowd won't believe) and that was WITHOUT any virus

Ignored

Lol crazy sheep

1

Apr 12, 2020 10:03am

Quoting chali3388

Disliked

but with very low demand atm this bullish move will not hold for long until most countries back to normal demand

Ignored

Yes, I agree with you. Will start with a bullish gap but eventually will go down gradually probably.

1

Apr 12, 2020 12:09pm

Quoting sadeghi

Disliked

it's formed a bottom near 20$, believe in your chart when the bottom is formed and fluctuations are the great deal. my daily chart still shows 31$.

Ignored

What do you think how much will WTI be when the half USA stop and 150M people don't use their car? 31?

It's need to cut 40-50M barrel but then no income for arab states.

1

Apr 12, 2020 9:56am

how about dragging oil into negative digits, like you were expecting?

1

Apr 12, 2020 10:39am

Quoting dareking

Disliked

gbpusd will down?

Ignored

Ok, on a serious note...don't make GU decisions based on oil.

1

Apr 12, 2020 9:52am

This surely will open the oil market with a huge bullish gap!

1

Apr 12, 2020 10:21am

it's formed a bottom near 20$, believe in your chart when the bottom is formed and fluctuations are the great deal. my daily chart still shows 31$.

1

Apr 12, 2020 11:51am

Markets have to go up & down for MM's to make money. News are just a trigger to show people that the moves are not manipulated. A deal on oil is imminent!

1

Apr 12, 2020 10:28am

Quoting Tony112

Disliked

how about dragging oil into negative digits, like you were expecting?

Ignored

Yes.

It has happened before (though the 97% of the naive crowd won't believe) and that was WITHOUT any virus

Apr 12, 2020 10:29am

Quoting OnlineAddict

Disliked

{quote} Yes, gas prices go up, so traders will be stuck at home and GU won't move.

Ignored

Yoooo bubula

When 1.45

Remember!?

Quoting OnlineAddict

Disliked

{quote} Yes, there will be 1.45,

I never said a 1500 pip move would come soon, I am not trading demo like you.

It may take months or a year, I don't really care,
I will keep buying the dips and...
Blaaaa...
Lies too..... +1:

Ignored

LOL

WHEN 1.45 ???

Great wise Onlinus Longus!!!

Apr 12, 2020 12:48pm

Quoting Tony112

Disliked

{quote} Lol crazy sheep

Ignored

I'd like to take this as compliment

But you DO REMEMBER the negative oil price, right??

Just checking if you guys know that

Not that the lying government press will be excited to remind you .... 🤔😭

Apr 12, 2020 12:51pm

Quoting Nouscen

Disliked

Where Mexico ??? Lol? [UTreat it like nothing.
2Mb/100 Mb. Lol Total Country: 12 Bb.

Ignored

LOL x 500 times.

Last Mexico was paying for a Wall, now Trumpone paying Mexico WITH YOUR MONEY.

You can't make this up

Apr 24, 2020 12:52am

Actually the reality is that the future never comes, its a lie (JUST LIKE THE STUPID STOP LOSS). and price can not go somewhere in the future, and everyone knows spot drives the futures price (AND YOU CAN ONLY TRADE NOW/IF MARKET=OPEN, and it doesn't mean a hill of beans until the expiration, and you gotta close or roll. prices were all mixed, at various brokers, but reality is spot at my brokers NONE of the oil prices ever got to zero, I was buying down to zero no stop losses, wake up world, this was FREE MONEY. got in as low as 9.9 where it seemed to hang forever, a brief spike down to 7.something and well sure looks like we are knocking on the door coming up on $20

Apr 12, 2020 12:09pm

Quoting ranjudas727

Disliked

{quote} How you have said that the oil market will open with a huge bullish gap?

Ignored

I can smell that from the urgent meeting today; especially in a sunday afternoon.

Apr 12, 2020 10:26am

Quoting dareking

Disliked

is this news effect in Gbpusd ?

Ignored

Yes, gas prices go up, so traders will be stuck at home and GU won't move.

Apr 12, 2020 10:17am

Be First, Be Smart Or Cheat

Apr 12, 2020 10:18am

#OIL player always have the Big GAME....... lets go, lets Play Game

Apr 12, 2020 10:18am

Quoting dareking

Disliked

is this news effect in Gbpusd ?

Ignored

go to the sky

Apr 12, 2020 12:26pm

what about Jamel Khashoggi

Apr 12, 2020 12:31pm

Quoting bel3ouchi

Disliked

what about Jamel Khashoggi

Ignored

Apr 12, 2020 10:17am

is this news effect in Gbpusd ?

Apr 12, 2020 10:36am

gbpusd will down?

Apr 12, 2020 11:59am

Where Mexico ??? Lol?

https://www.eia.gov/tools/faqs/faq.php?id=709&t=6

Treat it like nothing.
2Mb/100 Mb. Lol

Total Country: 12 Bb.

Apr 12, 2020 9:43am

10M barrels out of 85 barrels at this circumstances!

Apr 12, 2020 10:53am

why no one think about they will disagreed and OIL will fall to 20$ again?

Apr 12, 2020 11:15am

Quoting reza888

Disliked

This surely will open the oil market with a huge bullish gap!

Ignored

How you have said that the oil market will open with a huge bullish gap?

Apr 12, 2020 4:24pm

Quoting OnlineAddict

Disliked

{quote} Yes, gas prices go up, so traders will be stuck at home and GU won't move.

Ignored

GU already on its way up by virtue of weekly chart.

Trader#1FF2

Apr 12, 2020 10:13am

Tony112 What do you mean buy negative digits?

Trader#2BEA

Apr 12, 2020 10:31am

10M barrel cut will not wake up the bulls! Of no additional cuts are announced it will be a bears-game.

Story Stats

Apr 12, 2020 9:21am
Posted by
Newsstand

Low Impact Breaking

33

27.2K