Sustained Opec+ productions cuts could send oil to $80-90/bl - OptionsDesk | News Direct

Sustained Opec+ productions cuts could send oil to $80-90/bl - OptionsDesk

Options Desk
News release by Options Desk

facebook icon linkedin icon twitter icon pinterest icon email icon London, UK | June 06, 2023 03:33 AM Eastern Daylight Time

 

OptionsDesk broker Simon Hanouka speaks to Thomas Warner from Proactive about the week ahead, highlighting news of further oil production cuts from the Opec+ group. Hanouka mentions some analysis that suggests sustained cuts could result in oil prices reaching $80-$90/bl, and explains how market participants could use options trading to invest in their prediction about the future of prices.

 

 

Contact Details

 

Proactive UK Ltd

 

+44 20 7989 0813

 

uk@proactiveinvestors.com

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FinanceBusinessOilOPECBrent CrudeWTIOptionsTradingBroking